Petition of the People of the United
States of America
PROPOSED:
AN AMENDMENT
TO THE
UNITED STATES CONSTITUTION
This petition,
of the People to the Congress of the United States of America,
heretofore to be regarded as the proposed 28th Amendment to the Constitution
is hereby proposed for ratification by a vote of approval by a two thirds
majority of the states.
Proposed: Amendment 28
Section 1. Congress
shall alter the federal tax code to reflect the following unalterable standards
and conditions.
a. An individual flat
rate income tax rate of ten percent (10%) per employed person regardless of
household for all wage earners earning less than three hundred thousand dollars
($300,000.00) per calendar year. Those living below the poverty level are
exempt.
b. A primary home
deduction per household of two and a half percent (2.5%) shall be allowed per
calendar year on a primary mortgage held by a local savings and loan or credit
union regardless of style or structure of home for all wage earners earning
less than the ceiling of three hundred thousand dollars ($300,000.00).
c. The so-called
marriage penalty shall be eliminated.
d. There shall be
no deduction for charity.
e. An individual
flat rate income tax rate of twenty-five (25%) percent per person earning in
excess of said three hundred thousand dollars per calendar year with no
deductions allowed.
f. A corporate income
tax rate of fifteen (15%) with no deductions, loopholes, escape clauses or any device to avoid payment allowed.
Section 2. Any company,
corporation, or business within the confines of the United States of America
including territories and possessions that chooses to close its business in the
United States and export American jobs to a foreign land shall be penalized
with a tariff equal to the full value of wages and benefits lost to the
American employees displaced by said move for a total of five years’ time per
employee.
Section 3. Except only in the most extreme dire
emergency or in the case of war declared by both Houses of Congress, shall Congress
impose upon the People a value added tax (VAT). Congress shall not borrow from
Social Security or Medicare programs to balance its budget.
Section 4. No law shall be enacted that allows
members and staffs of Congress an exemption; nor shall said members and staffs
of Congress be exempt from any law already enacted. The Executive branch, the
Judiciary branch, and Congress shall not be exempt from any law.
Section 5. To prevent the undue influence of corporations, individuals, lobbyists, and foreign entities, all federal elections shall be financed by the People of the United States of America. Congress shall have the power to enforce this article by appropriate legistlation.
