Unless one is seeking to compare apples to apples rather than apples to oranges when comparing the proposed tax to the taxes it would replace all of which are commonly expressed on a tax inclusive basis ($.23 of each dollar spent) vs what you have left after the tax is paid (the current top income tax of 35% becomes more than 55% when expressed on that basis).
It's all explained in The FairTax Rate: a 23% tomato or a 30% tomato?
The rest of what Rob says I would take with a VERY large grain of salt as he is in love with the current income tax system.
vs what you have left after the tax is paid (the current top income tax of 35% becomes more than 55% when expressed on that basis).Really? If I told you what my gross income was could you tell me what tax bracket I'm in?
the current top income tax of 35% becomes more than 55% when expressed on that basisYou can "express" it any way you want but there is no tax rate on what's left after taxes and especially since you don't have a clue (to say the least) of what the before tax amount was.