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At least the posts here make sense. Perviously I was hustled in what I can only call a “jsck booted’ respnse vby supporters. It was like posting to a FRED Thread. That type of behavior by supporters will only cause big losses for their cause.

BTW I and my wife are retired. We are in the 29% tax bracket PLUS 7.25% State and Local Sales TAx. People think they pay that amount or more based on the Fedral Tax rates. They forget that it is a GRADUATED Income Tax and the upper ranges are a marginal rate of tax, not on the entire (taxable) income. SIC. Mr BOORTZ and his pals will gheta reduction of tax under fair tax, while the rest of the country will be calling it a F* Tax.

Does he think people will be buying a $21000+ economical car and paying close to $30,000 under a “F” Tax? Will the factory workers, sales people, transporters etc be thrown out of work? - the same for many other parts of the economy. So will we need more “F”: Tax to make up the pitfall?

"Does he think people will be buying a $21000+ economical car and paying close to $30,000 under a “F” Tax?"

If the car is an import, you'll add a $6300 Fair Tax to the $21,000 sticker price. To make matters worse, your bank will only finance what the car is worth -- $21,000 (less some down payment).

Meaning you've got to come up with, say, a 10% down payment ($2100) plus the Fair Tax ($6300), cash. Got $8400 in the bank laying around collecting dust?

Hey, it could be worse -- you could be buying a new home!

Now, in all fairness, you could buy a used car and avoid the Fair Tax. But, since that thought is occurring simultaneously to all car buyers nationwide, expect the price of used cars to skyrocket. Supply and demand, doncha know.

Or, you can buy a domestic car. According to some Fair Taxers, domestic car manufacturers will reduce the price of their cars by 23% when they remove the hidden taxes, then add the 23% Fair Tax, resulting in that $21,000 car costing the same. You'll still need a down payment and you'll still need to come up with $6300.

That is assuming the car manufacturers will pass on this 23% price reduction to the consumer and not keep some or all of it as profit or give it to the shareholders as dividends. Keep in mind that their foreign competitor is raising their price by 30%. If your competitor did that to you, would your keep your price 30% below his?

It was like posting to a FRED Thread. That type of behavior by supporters will only cause big losses for their cause.

Oh really? Then I wonder why my ping list keeps growing? Maybe you should tell that to the steadily increasing numbers of volunteers who are donating time and/or money to The Americans For Fair Taxation.

Does he think people will be buying a $21000+ economical car and paying close to $30,000 under a “F” Tax? Will the factory workers, sales people, transporters etc be thrown out of work? - the same for many other parts of the economy.

You are not considering some important points. The Fair Tax will not apply to used vehicles. Also the prebate will refund taxes on necessities, including transportation, up to the poverty level.

Mr BOORTZ and his pals will gheta reduction of tax under fair tax

Everyone will get a reduction but the wealthiest will receive less of a reduction as they have more disposable income and therefore are likely to spend more and therefore will pay more tax dollars than those with lower incomes.

Will the factory workers, sales people, transporters etc be thrown out of work? - the same for many other parts of the economy.

The Fair Tax will provide people with more purchasing power since abolishing federal taxes will go directly into people's paychecks. People tend to spend more money when their income increases. Consequently businesses will earn more profit.