"... The bottom line is that if wages go up about 20-25%, prices will also go up about the same ..."
That's completely wrong as it is takehome pay that will go up, not wages. Wages remain the same under the FairTax. And that, in and of itself, merely means taxpayers will have more money that they control to either spend or save ... and a goodly number will no doubt start saving/investing it as many cannot now do so under the income tax.
Your so-called "bottom line" has a huge hole in it - called honesty. It's certainly good of you to let us know what Boortz did (or did not) say to the President since those of us who weren't present wouldn't know ... oh, wait!! You weren't present either, were you??? Or do you, perhaps, have the Oval Office bugged????
Perhaps Boortz talked about it on the air?
And by "wages", I was talking about "takehome wages", thanks for clarifying...
Do you still stand by your many statements that the average taxpayers Federal tax bill be be reduced by more than 50% under the Fairtax?
Yeah, with all that extra Free Money rolling in, everyone'll have enough for boats, snowmobiles, plasma tvs, and start saving an investing to boot. The FairTax will mean More Christmas for everyone.