The vicious circle is that prices would rise on necessities, generating greater revenue, also generating screams of "unfairness" by the "lower 1/3 of wage earners". Demands for their prebate to increase as a percentage of necessities to luxuries based on their income would rise dramatically. Viola! welfare.
Nobody I know has ever said poverty would disappear under the FairTax.
88% of the people live above the poverty line, which means that any increase in the tax rate hurts them more than the FCA benefits them. That is a super-majority voting to keep the rate from rising. Increasing the poverty-level definition would effectively require an increase in the tax rate on the remaining tax base. Again you have a super-majority to oppose such a re-definition.
Not gonna happen. If the rate starts at 23%, it will be down to 20% within five years, and 15% in ten years. Government spending correspondingly smaller.
"... and everything would be happiness and springtime...."
Only from the standpoint that once it is passed we won't have to waste time listening to birds (or animals) like you Squirrels).
Of course YOU are the only one making that claim as it is ... typical Squirrel chatter - convoluted and misstated!!
"Viola!" BS