It's also good to know that everything you buy now has inherit tax built in to it. So that $100 item you purchased has tax from the cost of raw goods, manufacturing, labor, etc. It's estimated that somewhere around 20% of an item is from various forms of taxation. Under the fairtax the inherit tax would now be gone so the cost on most goods and services would be reduced making things cheaper. That would ofset nearly all of the increase coming from a higher sales tax. Actually read reports from economists and experts on the issue and you'll see that the fairtax is probably one of the single best ideas that could be implemented into this country. Neal Boortz has a good book on the subject and a good read for anyone interested in learning more on the fairtax. It's hardly as "insane" or "kooky" as the uninformed make it out to be.
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