COUNTDOWN TO TAX DAY VIDEO: How does the FairTax Impact the Price of What I Buy?

A young man asks Steve Hayes when you buy a car is the price going to be higher under the FairTax®? No, because of the elimination of withholding from salary and increased take home pay you have more money to spend. Combine that with the cost savings to car makers, car sellers and transporters and everyone involved in bringing that car to market competition in the market will cause the base cost of that item to go down as those businesses are no longer paying income tax, matching withholding, or paying the cost to comply with the taxes. Your purchasing power will increase.