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The FairTax
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<blockquote data-quote="steeltoe" data-source="post: 365762" data-attributes="member: 9491"><p>Remember, your $1,000.00 purchase is not the same as before. If a television costs $1,000.00 today, it would not cost $1,000.00 after the fair tax. The reason it costs $1,000.00 today is because htere are embedded taxes. This means that a $1,000.00 item today would roughly cost $813.00 making the item $1,000.00 after the fair tax.</p></blockquote><p></p>
[QUOTE="steeltoe, post: 365762, member: 9491"] Remember, your $1,000.00 purchase is not the same as before. If a television costs $1,000.00 today, it would not cost $1,000.00 after the fair tax. The reason it costs $1,000.00 today is because htere are embedded taxes. This means that a $1,000.00 item today would roughly cost $813.00 making the item $1,000.00 after the fair tax. [/QUOTE]
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