Myths About the FairTax’s Costs
If you jump into a FairTax debate anywhere, no doubt a discussion of what the FairTax will actually end up costing people will consume the majority of it. FairTax supporters argue that it will cost Americans nothing more than they pay now, possibly even lowering their cost of goods while simultaneously increasing their spending power. FairTax opponents predict spiraling costs on everything from the cost of a latté to the purchase of your dream home. The reality, like most things, probably falls somewhere in between.
If you’re dying to get a quick picture of what the FairTax is going to mean for your ...