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What Immediately Happens to Prices?
The question still exists whether the FairTax is worth it, even with this knowledge. And I think the answer, from an economic standpoint, is yes.
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The Equality Tax
We've discussed previously and at great length the reasons why, with one caveat, the Fair Tax (i.e., National Sales Tax) is a thoroughly wonderful idea. Unfortunately, that one caveat is that, for reasons both political and economic, the Fair Tax is pret