[RayChuang88]

Except for one thing: since there are NO corporate income taxes, payroll taxes, etc. under FairTax, the cost of a US$1,000 item drops to US$770. As such, FairTax brings the price back to the original US$1,000.

I recommending reading this overview paper in PDF format to explain how FairTax works:

http://www.fairtax.org/PDF/FairTaxFAQ.pdf

[Skenderbej]

It’s still a tax, and too high. Show that you can control spending before offering me a new tax.