I’ve been having a nice debate in the comments on the impact of the Fair Tax. It’s helping me focus and refine my arguments, always a good thing.
I thought I’d put up two links to bolster my point that the Fair Tax supporters are being deceptive when they tell you:
a) Prices won’t rise under the Fair Tax
b) You will get your whole paycheck.
This is mathematically impossible. CNN talks about it here (search for Daniel Shaviro) and Boortz himself admits it here. Hopefully, he’ll put this front and center in his next Fair Tax book.