First Draft Proposal
Section 1. Congress may collect no
revenue by any means other than a flat income tax not to exceed 15% of
an individual’s earnings. All citizens shall be taxed at the same
rate, and no exceptions, exemptions or credits will be allowed.
Section 2. Any budget passed by the Congress must be funded by actual revenues collected through taxes as described in Section 1. No deficit spending, borrowing on future funds, borrowing from other entities or other mechanism to meet budget requirements will be allowed.
Section 3. 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 4. 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 2. Any budget passed by the Congress must be funded by actual revenues collected through taxes as described in Section 1. No deficit spending, borrowing on future funds, borrowing from other entities or other mechanism to meet budget requirements will be allowed.
Section 3. 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 4. 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.
THIS IS THE FIRST DRAFT PROPOSAL, AND VERBIAGE IS LIKELY TO CHANGE. OTHER CONSIDERATIONS HAVE ALREADY BEEN ACKNOWLEDGED, INCLUDING:
-Clause appealing the 16th Amendment
-Ability for government to collect fees for services (i.e. park entrance fees, licensing fees, etc.)
-Amount of flat tax rate debatable
-Provision for other means of limited revenue collection (i.e. business taxes)
-Strict National Emergency clause
