[Man50D]

Ah! Ok. But, how will the "fair" tax be determined?

It has already been determined. The tax rate at the register will be 23%. More detailed information can be found at Summary of Recent Research on the FairTax Plan by the BEACON HILL INSTITUTE

[beachn4fun]

Thanks for the link.

Well, I’ll have to do some more research but I don’t think this will be good for our economy. At 23% I won’t be buying much of anything. If I buy an item at $100 I’ll be paying $23 dollars in tax.

I’d have to do a comparison on whether I’ll be better off in the long run.