Thanks. Sounds like the first $30k in purchases would be exempt from tax. Guess that married couples would get $60k exemption which would double the current standard deduction for married couples. Hopefully, addional exemptions would be available for dependent children.The FairTax, the last time i looked into it, had 23% consumption tax after the first 30K (in 2000) spent. It was a win-win. Would easily replace the income tax, would lower prices, and ignite the economy in a good way.