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To: baybabe
You are clearly talking about a $100 purchase including the FairTax showing on the receipt. I have answered your question - the amount of the real cost to you would be $85.65 due to your effective tax rate.

I'm just happy to know that my current cost of $100 would rise to $130 under the FairTax. Thanks.

787 posted on 01/12/2008 9:35:26 AM PST by Toddsterpatriot (What came first, the bad math or the FairTaxery?)
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To: Toddsterpatriot
As was clearly pointed out - you’ve got it wrong using your own example.

Now you want to change that by using a different example. It doesn’t rise as you claim nor has anyone ever shown that to be the case. Purchasing power actually will increase under the FairTax.

791 posted on 01/13/2008 9:18:12 AM PST by baybabe
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