Both the Republican Party Leadership and the Democrat Party Leadership have one thing in common when it comes to tax reform. They both want to keep alive the socialist and failed experiment of allowing Congress to lay and collect taxes calculated from profits, gains, salaries, wages, tips, and other lawfully earned incomes.
Of course, I’m sure a thinking person such as Carly Fiorina knows that our Congress critters love this particular tax because it not only allows our Washington Establishment to engage in all sorts of nefarious and corruptible schemes to fatten the fortunes of friends and donors, but also provides an irresistible and intoxicating power to enslave the American people and manipulate almost every aspect of their lives. After listening to last night’s presidential debate is it not obvious the tax reform plans offered by Ted Cruz, Ben Carson, Jeb Bush, Marco Rubio, John Kasich and Ran Paul are intentionally designed to keep alive the worm at the root of the tree which causes an infectious disease?
If Carly Fiorina is sincere about real tax reform and ending the corruption she noted which is tied to existing federal taxation, would it not be logical to end the socialist and failed experiment of allowing Congress to lay and collect taxes calculated from “incomes”? Would it not be a blessing to the American People for Carly to offer the following in her three page reform which would end a vast majority of the corruption and abuse now inflicted upon the American people by our federal government?
**The Fair Share Balanced Budget Amendment **
“SECTION 1. The Sixteenth Amendment is hereby repealed and Congress is henceforth forbidden to lay
any tax or burden calculated from profits, gains, interest, salaries, wages, tips, inheritances or any other lawfully realized money.
NOTE: these words would return us to our founding father’s ORIGINAL TAX PLAN as they intended it to operate! They would also end the failed experiment with allowing Congress to lay and collect taxes calculated from lawfully earned “incomes” which now oppresses America‘s economic engine and robs the bread which working people have earned when selling their labor!
“SECTION 2. Congress ought not raise money by borrowing, but when the money arising from imposts duties and excise taxes are insufficient to meet the public exigencies, and Congress has raised money by borrowing during the course of a fiscal year, Congress shall then lay a direct tax at the beginning of the next fiscal year for an amount sufficient to extinguish the preceding fiscal year’s deficit, and apply the revenue so raised to extinguishing said deficit.”
NOTE: Congress is to raise its primary revenue from imposts and duties, [taxes at our water’s edge], and may also lay miscellaneous internal excise taxes on specifically chosen articles of consumption. But if Congress borrows and spends more than is brought in from imposts, duties and miscellaneous excise taxes during the course of a fiscal year, then, and only then, is the apportioned tax to be laid.
“SECTION 3. When Congress is required to lay a direct tax in accordance with Section 1 of this Article, the Secretary of the United States Treasury shall, in a timely manner, calculate each State’s apportioned share of the total sum being raised by dividing its total population size by the total population of the united states and multiplying that figure by the total being raised by Congress, and then provide the various State Congressional Delegations with a Bill notifying their State’s Executive and Legislature of its share of the total tax being collected and a final date by which said tax shall be paid into the United States Treasury.”
*NOTE: our founder’s fair share formula to extinguish an annual deficit would be:
---------------------------- X SUM TO BE RAISED = STATE’S FAIR SHARE
Total U.S. Population
The above formula, as intended by our founding fathers, is to insure that those states who contribute the lion’s share of the tax are guaranteed a representation in Congress proportionately equal to their contribution, i.e., representation with a proportional financial obligation!*
*Note also that each State’s number or Representatives, under our Constitution is determined by the rule of apportionment:
s Pop. ------------------- X House size (435) = States No. of Representatives
“SECTION 4. Each State shall be free to assume and pay its quota of the direct tax into the United States Treasury by a final date set by Congress, but if any State shall refuse or neglect to pay its quota, then Congress shall send forth its officers to assess and levy such State’s proportion against the real property within the State with interest thereon at the rate of ((?)) per cent per annum, and against the individual owners of the taxable property. Provision shall be made for a 15% discount for those States paying their share by ((?))of the fiscal year in which the tax is laid, and a 10% discount for States paying by the final date set by Congress, such discount being to defray the States’ cost of collection.”
NOTE: This section respects the Tenth Amendment and allows each state to raise its share in its own chosen way in a time period set by Congress, but also allows the federal government to enter a state and collect the tax if a state is delinquent in meeting its obligation.
"SECTION 5. This Amendment to the Constitution, when ratified by the required number of States, shall take effect no later than (?) years after the required number of States have ratified it.
“Honest money and honest taxation, the Key to America’s future Prosperity“*** ___ from “Prosperity Restored by the State Rate Tax Plan”, no longer in print.