You seriously need to read and understand a little about the Fair Tax before you attempt any further comment.
I've read plenty about the so-called Fair Tax, thank you, and rose-colored glasses don't begin to describe how its advocates view it.
Why, he is correct. Rich people can buy all sorts of things in foreign countries and save 30% tax. It's not like they have to bring everything back in the US or report it. Of course without any IRS (or so the claim is) whose going to check if consumers are cheating the system? The fair tax will be a huge boom for the rich.