Second, Fair Tax Questions and Advantages

The Fair Tax does not apply to rent. Only to retail sales and services. Rent is not a service.

(bobbiesfairtaxblog*blogspot*c om/2007/11/does-fairtax-tax-re ntals*html)

"Investment property is not taxed under the FairTax, but the rents are taxed. Both owner-occupied and renter-occupied housing is taxable under the FairTax. With owner-occupied housing, the tax is collected up front at time of sale. With renter-occupied housing, the monthly rent is taxed as it is collected by the landlord."

Idk, maybe it's out of date.

MuckRaker85 I have run a business before and maybe you have also. Example: Best Buy & Circuit City are across the street from each other. I'm on the 3rd corner your on the 4th. so that I can compete with big box and you I lower my prices 15%. You lower your 17% to compete with me. Now were competing with big box retailers who chose not to lower prices but who are now loosing because we now have more door traffic. You see it everyday with gas stations. Whats stops one from charging $10 per gallon

"Just because the cost of producing something goes down 23% dousn't necessarily mean the producer/retailer always lower the cost 23%."

Free market competition will force producers/retailers to lower costs/prices. If I were a retailer, I'd lower my prices and force the bigger guys to lower theirs or die. Don't you think WalMart would jump on this? They'd lower their prices just to get the jump on competition.
Unions and high labor costs forced most of the companies you mention to move overseas.

Due to the competiveness of the free market, you can bet prices will come down. Say you've got 3 companies making T-Shirts. One will obviously sell theirs cheaper because the volume will produce more revenue. Result? The other 2 will also compete for your business. After all, these businesses will know that YOU know how much is tax and how much is profit. There'll be no way to hide it.

Walmart has said they will drop their prices literally overnight. Free market competition (remember that?) will assure the cost of items go down. If a company doesn't drop their prices..another one will and they'll get the market share.