The 28th Amendment To The Constitution Of The United States

  • May 2020
  • PDF

This document was uploaded by user and they confirmed that they have the permission to share it. If you are author or own the copyright of this book, please report to us by using this DMCA report form. Report DMCA


Overview

Download & View The 28th Amendment To The Constitution Of The United States as PDF for free.

More details

  • Words: 370
  • Pages: 1
The 28th Amendment to the Constitution of the United States of America First Draft Proposal

Section 1. The 16th Amendment to the Constitution of the United States is hereby repealed.

Section 2. Congress may collect no revenue by any means other than a flat individual income tax not to exceed 15% of an individual's earnings, a flat corporate tax not to exceed 10% of net revenues, and actual user fees for services. All citizens and businesses shall be taxed at the same rate, and no exceptions, exemptions or credits will be allowed.

Section 3. A. Any budget passed by the Congress must be funded by actual revenues collected through taxes as described in Section 2. Except in time of War as defined below, no deficit spending, borrowing on future funds, borrowing from other entities or other mechanism to meet budget requirements will be allowed. B. For purposes of this section, "War" shall be defined as hostilities declared by the President of the United States in his Constitutional role as Commander-in-Chief, and duly authorized by the Congress under the terms of the "War Powers Act" of 1973. Any funds borrowed shall be used exclusively for executing that War and shall be re-paid entirely no later than 15 years from the end of the War.

Section 4. All agencies, programs, entitlements and other devices that will be excised by budgetary requirements will be returned to the responsibility of the individual States. No federal regulations or legislation will dictate how the States fund or execute such devices.

Section 5. The Congress may not make State eligibility for redistribution of revenue contingent on compliance with regulations or legislation that has the effect of a nationally uniform standard.

Section 6. Those areas of federal responsibility prescribed by the original Constitution will have budgetary priority. No bill will be passed that funds any other concern without first meeting the budgetary requirements of these areas. No funding will be included in the budget for a concern that is the responsibility of and reserved to the States.

Section 7. Article I, Section 8, Clause 3 of the United States Constitution is hereby amended to read as follows: "To regulate commerce with foreign nations and with the Indian tribes"

Related Documents