If foreign producers have a 17% competitive advantage, it seems to me that that the consumer benefits. You want to level the playing field by raising one side not lowering the other. Consumers would pay more, 30% more, for all imported goods. And just about everything I buy is imported.
"You are not considering interest rates will decline when The Fair Tax is enacted."
And here you told me the Fair Tax is simple -- simpler than a flat tax. You expect me to believe interest rates will decline because all the domestic banks will all decide to pass on all the savings they all get.
Sure they will. Just like all the domestic manufacturers will all pass on all the savings they all get too, in spite of the fact that their overseas competitors are raising their prices 30%.
Even hear the business phrase, "Leaving money on the table"? Do you know what that means?