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To: GeorgiaDawg32
wrong..if milk costs $1 now, it will cost $1 under the fair tax, only the tax is included in the $1..

Only in a fairytax world.

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?

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.

I’m 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.

55 posted on 02/16/2008 4:07:42 PM PST by Always Right (Was it over when the Germans bombed Pearl Harbor?)
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To: Always Right

I don’t get the point. A sales tax is in addition to the price on the sticker.

Ok.

The milk costs you more than the milk did before.

Ok.

However, you don’t have to pay (additional) income taxes.

Therefore, assuming for the sake of the argument it’s revenue neutral for the individual, the cost, is the same.


111 posted on 02/16/2008 4:50:16 PM PST by D-fendr (Deus non alligatur sacramentis sed nos alligamur.)
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