[lewislynn]

I'm still waiting to see your math on how prices are reduced 20, 30, 40%...

[Principled]

it's been shown to you a hundred times. You know where to look for ANY of the massive amounts of research showing such. Remember all the LLMs in taxation and the Economics professors and all the studies that have been done that show, even under the most conservative guidelines, a 20-40% reduction in consumer prices...

Oh yeah, we're supposed to take your word for it and ignore the vast research done by experts in the field.

Dolt

BTW if anyone wants the links, they're easy to find. I can help.

[Principled]

From here

: All goods and services already contain the embedded costs of the current tax system in their prices. When these embedded taxes are removed, prices will come down. Dr. Dale Jorgenson, Chairman of the Economics Department at Harvard University, has projected a producer price reduction of 20 to 30% in just the first year after adoption of the FairTax. Dr. Jorgenson also estimated that service prices would decline by 25% because of the repeal of the income tax. In addition, the FairTax will lower compliance costs by more than 90%, and the removal of these costs will force prices down even lower.

And why is your opinion "fact" but Dr. Jorgensen is wrong???

[Principled]

Look at the qualifications of those at the bottom of page 1...

here

Arthur P. Hall, PhD Senior Economist The Tax Foundation in testimony to House Ways & Means Committee
David R. Burton and Dan R. Mastromarco LLM Tax
Lawrence J. Kotlikoff Dr. Dale Jorgensen, PhD Harvard School of Econ...

...and the list goes on.

Please tell us all again just why your silly little opinion should mean anything when measured against opinions of those experts?

Sorry if I've made you cry.

[Principled]

Here is what the experts believe.

Take a look at the footnotes. THose are experts that say prices will fall.