Thank you for your question.
The FairTax deserves an entire article in itself; it is an interesting proposal, and I hope to do it justice in a way that a simple short comment cannot.
I will be sure to notify you once I have written such an article and made it available.
I am
G. Stolyarov II,
http://rationalargumentator.com
Well, if you want a debate, or much more knowlege of it, you should delve.