Rich people aren't paying enough. We're raising the rate 2%. People who spend up to $50,000 per year would pay an extra $1000, so we'll raise the prebate by $1000. Then those nasty rich people, everybody who spends more than $50,000, will share more of their good luck with the less fortunate among us.
That was easy!
Your scenario would require keeping track of everyones expenditures and taxing more as expenditures went up... Under the income tax we have a proxy for expenditures in that income is reported,, not so with the FairTax.. Did you think that through at all? Do you think that you will be asked to “show you papers!” when you buy a bar of soap so the merchant can report that you bought the $15 Victorias Secret softsoap rather than your usual $1 Ivory bar soap..
I’ll give you another try at it .. have a go!