The anti-tax people tend to hate the federal income tax more than almost anything other than a state income tax. I can see him having some traction in NH with his anti-tax/"fair" tax positions.
I would be surprised if he won (I think it will be Romney), but I don't think he'll have that poor a showing either.
They currently pay into the same federal income tax system as you and I, the still somewhat progressive tax that is abhorred by the right wing. All they would be doing is swapping one for the other per republican sales pitches, not adding an additonal tax- which is where New Hampshirites go ballistic.
I think some people would be amazed how much traction the sales tax idea has with the republican/libertarian anti-tax Norquist worshippers. But that's just me.
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