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.
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.