As I've told Rebbie and others - that's your interpretation ... your opinion. It is not necessarily the correct interpretation, but merely one of many.
It is - like the Dr. J. flap - a fairly meaningless difference of opinion. As the FairTax progresses toward a vote this will become more clear.
Interpretation?????????????????????????????????????????????????????????????????????????????????????????????
That was the assumption of Dr. Jorgenson's analysis. That is a indisputable fact. What are you talking about interpretation????????????????????????????????