wrong..if milk costs $1 now, it will cost $1 under the fair tax, only the tax is included in the $1..
that’s how I understand it..and I’ve read the book..can you show me where you learned it’s added on and from what source?
I’m not tryin to be a bugger here, just want to debate this and see where you are gettin ur facts..
I was jut thinking about that it would be nice if the tax was included in the price but then on second though...let’s see what happens when a person buys 100 dollars of groceries and the receipt shows 30% tax. Burying the tax in the product makes it not so unacceptable:’(
That would never happen. You think manufacturers and middlemen are going to reduce their prices that much just because a chunk of their expenses have been eliminated? That would be naive in the extreme.
Every time a government fiddles with the financial system in such a major fashion, the consumer always ends up getting shafted. I lived through decimalization in the U.K. and that's exactly what happened, as has happened when countries went to the Euro.
Only in a fairytax world.
thats how I understand it..and Ive read the book..can you show me where you learned its added on and from what source?
What's the difference? If a $1.00 item has $.30 added on or if a $1.30 item has $.30 included? The item has 30% added to the price from taxes.
Im not tryin to be a bugger here, just want to debate this and see where you are gettin ur facts..
Well according to the person (Dr. Dale Jorgenson) who actually did the study for the fairtax.org, the only way possible for prices to stay the same after the fairtax is if everyone takes a pay cut in the amount of taxes they paid under the income tax. Since that won't happen, prices will go up.
wrong..if milk costs $1 now, it will cost $1 under the fair tax, only the tax is included in the $1..Since we should assume the author of "the book" did the slightest bit of research and he should know, I can safely say the author is lying.thats how I understand it..and Ive read the book..can you show me where you learned its added on and from what source?
I have proof anyone (including Boortz) can find with a mouse click.