[groanup]

My earnings go up by 20%, my cost of living goes up by 20%. Okay. I have spelled that out so many times ad nauseum and you know it. What is the deal? Surprise me with a nugget of wisdom.

[lewislynn]

My earnings go up by 20%, my cost of living goes up by 20%. Okay. I have spelled that out so many times ad nauseum and you know it

Are you an economist? Aren't you making an economic prediction? Isn't making economic predictions exactly what you've been chastizing RobfomGa for?

[Always Right]

My earnings go up by 20%, my cost of living goes up by 20%. Okay. I have spelled that out so many times ad nauseum and you know it. What is the deal? Surprise me with a nugget of wisdom.

Because people who are retired and living off savings will all of a sudden have 20% less purchasing power. They will be paying tax on their already taxed savings. This is why the fairtax will never get the old folk vote and will never pass.