[pigdog]

You should look up the ecxonomic model done by Dale Jorgensof of Harvard. It shows price reducions with a tax like the FairTax of 20 to 25% if memory serves.

[Your Nightmare]

You should look up the ecxonomic model done by Dale Jorgensof of Harvard. It shows price reducions with a tax like the FairTax of 20 to 25% if memory serves.

You probably should. The misunderstanding of this paper is the genesis of the price drop myth.

The Economic Impact of Fundamental Tax Reform