Recent content by testaclese

I'll be back later.

Well, as I see it, the true cost of the car was $15,400 based on the current system of about 23% imbedded tax..I don't see why that figure would change. You're using $10,000 as the cost of materials,which is fine but you have to account for the other $5400 cost somewhere. If that cost is there...

patchie, it's been while since I read the book and I gave it to a friend, so I hope I have this right. As I understand it, all of our current taxes are equal to the amount of about 22%. If you do away with those taxes the price of a $1 item will go down to about 88 cents. If you add in the...

By the way patchie, the authors of the book donate all of the proceed to fair tax.org to further the promotion of the plan.

patchie, are you assuming that the 22% tax is an additional tax? If so you misunderstand. All current taxes will be replaced by this tax which is about the same as the current inbedded taxes we now have. So the price of everything will stay about the same. So tourists will not be pysing any...

BSAM I checked out the site, even showed you areas where your Congressional supporters list was in error. But your site dows not address such flaws as purchases made overseas. it likewise does not fully address what impact this tax will have on foreign tourists spending in the US. If there is...