[Principled]

Embedded taxes and compliance costs are indeed a big part of the costs savings to business... but not all of the savings. There will be productivity gains and elimination of deadweight losses... which amount to about the same amount of savings.

There's a whole lotta arguing about those economics - I really don't care tho if prices rise. Experts tell us that they won't. Either way, the benefits we get from this overall FAR outweigh the bad parts. JMHO

[nsmart]

Just having the federal government's boot off of each and every individual's neck will be such a relief. I have to tell the IRS more about my finances then I would feel comfortable telling my own grown kids.

When Sen Hatch was running for Prez several years ago, he pointed at the audience and said the IRS can make criminals of any of you. any of you. It was a powerful message that was totally lost on the media.

[groanup]

I really don't care tho if prices rise. Experts tell us that they won't. Either way, the benefits we get from this overall FAR outweigh the bad parts. JMHO

We can debate the economics of consumer price levels post NRST til the cows come home. I think all would agree that there will be beneficial rollback of the price of goods and services due to competitive forces and the tax and regulatory relief the plan affords. But I don't see any debate on the stimulative effect of taxing consumption vs. earnings. That, to me, is the clincher of the whole argument. The naysayers are not seeing the forest for the trees. When you have phenomenal prosperity and freedom from intrusive taxes you can afford to pay a little more for your next boat.