Nope in fact is does not!
I invite you to go to fairtax.org and learn a little more about what you are talking about.
Oh, nice liberal debating style there, bucko. Attack the speaker, imply they don't know what they are talking about and simply provide a link to further imply that the speaker is a doofus and "if you only read the link," clouds would part, the sun would shine, and Congress wouldn't try to use the tax code to do social engineering. Sweet.
I am talking about the potential damage that will come from placing the tax code in the individual transaction stream. I don't give a hoot what a web site or even the text of the legislation or amendment might say right now. All I need to point to is Wickard v. Filburn to know that if we put the government in the position the "fair tax" suggests, it will be game over. The enabler isn't the legislation, it is the infrastructure. Once you marry the UPC with the accounting system with the tax code you will have Washington DC micromanaging our behavior to an extent even Orwell didn't imagine (some products are more equal than others, for those in Rio Linda).
The Founding Fathers had it right when they wrote Article I, Section 9. We screwed it up with the 14th Amendment and it was all downhill from there.