They don't have to cut salary. But when fair taxers claim prices will drop 20%, they are assuming that salaries are cut. And this has been confirmed by the fair tax modeler who did their research, and Boortz acknowledged it too.
I am in no way naive enough to think that if companies get a tax break that they will pass that on to the consumer.
In this current corporate world of "I'm going to take what I can" I don't ever expect the corporate weenies to say, "Oh gee. Our cost of doing business just dropped 20%. Let's drop prices." And, "Since our cost of doing business went down let's not cut wage because we really want to pass that gain along to our employees."
Please point us to sources for this "research" by the fair taxer, and Boortz's "acknowledgement" thereof.
Thanking you in advance...
CA....
That is another of your "misststements of fact". You seem COMPELLED to lie.
I have the book and have read it. After more research I think that the Fair Tax is a phenomenal idea. In reality, some prices will drop, some will rise, others will end up about the same. The market will adjust in a positive way, sure, but I don't think it will be a humongous economic boom that many think it will be.