IDK if it is the same concept from 2000, but IIRC that plan called for monthly checks for something like $500, for every American. That would've covered all taxes up to $30K per year.
Many other benefits ... one I recall was those who make "non reportable income" (think illegally...) would have to pay taxes on everything they purchase.
Also, if someone wants to improve their life and get a 2nd job, they are not penalized by the fed gov't for doing just that, with a higher income tax bracket.
Edit: just looked up the website and it says each family of 4 would get $7,328 per year in prebate checks. Never file a federal tax return again. Keep 100% of your paycheck (even commies should like workers keeping 100% of their check...)
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fairtax.org