Sigh, you didn't bother to read what I posted in full, did you.
The Fair Tax is 100% voluntary. One only pays taxes when one purchases a *New* good or a service at the retail level. Purchase second hand, and there is no tax collected.
The "Fair" in fair taxes comes into play in that ALL NEW goods and services are taxed at the exact same rate, and that all households receive the prebate regardless of income level.
There are no exempt items except second hand.
There are no tax loopholes for the wealthy to avoid other than buying second hand.
There are no extra "sin" taxes to be manipulated by politicians for things such as sugary drinks or lessened rates for "good" things.
It's all flat at the same rate, for everything.
Under this system, the more one spends, the more tax is collected.
The hidden embedded tax costs of new products and services due to payroll, medicare, and corporate taxes inflating price no longer exists. Thus the price drops. Then a line item is added to the receipt for a 22-23% Inclusive (as opposed to exclusive) tax. The brings the price of the good or service back to within 1% of it's starting price before such a plan went into effect, only now it is in the open on the receipt, and only collected at retail so an item is only taxed once.
"Now good sir" one might say, "if the embedded taxes disappear, what's to stop companies from keeping the current price and adding the inclusive tax on top of what currently exists and pocketing the difference?"
Greed my dear friend, Wonderful Greed. As soon as a competitor figures out that they can undercut others that pocket the difference from the original price, they will start a race to the minimum price to sell more than the competition, which will balance out at the point of not having pocketed the difference in the first place.
The Fair Tax is about equal treatment for everyone and everything under tax law, not what some politician likes or dislikes.