[groanup]

To remind you, that's the 23% that we're going to remove and make visible with the Fair Tax.

I have always maintained that prices of goods and services would have room to drop between 10 and 15%. Some on this board have forgotten that they agreed with me on that point.

[robertpaulsen]

"I have always maintained that prices of goods and services would have room to drop between 10 and 15%. Some on this board have forgotten that they agreed with me on that point."

Under the scenario of "the employee takes home his gross pay", I've seen the figure of 9% used and agreed upon. 15% is pushing it.

But what about the scenario of "the employee takes home the same amount as today". Wouldn't there be 23% with which to reduce prices? That's what I was referring to.

Under this scenario, take home pay remains the same and prices remain the same.