FReegards!
Posted on 05/23/2014 6:44:45 AM PDT by JOHN W K
Isn’t it interesting to recall that on November 18, 2011 Mark Levin said he was “happy the balanced budget amendment didn't pass the House because it was a fraud”, and now Mark Levin promotes a fraudulent balanced budget amendment with one of his “liberty amendments” which would make it constitutional for Congress to not balance the annual budget?
The two of sections of Mark’s fraudulent balanced budget amendment making it constitutional for Congress to not balance the annual budget are:
SECTION 6: Congress may provide for a one-year suspension of one or more of the preceding sections in this Article by a three-fifths vote of both Houses of Congress, provided the vote is conducted by roll call and sets forth the specific excess of outlays over receipts or outlays over 17.5 percent of the Nation’s gross domestic product.
SECTION 7: The limit on the debt of the United States held by the public shall not be increased unless three-fifths of both Houses of Congress shall provide for such an increase by roll call vote.
Now, let us take a look at the “fair share” balanced budget amendment which would actually balance the annual budget using an apportioned tax as our Founders intended!
The Fair Share Balanced Budget Amendment
Proposing a balanced budget amendment to the Constitution of the United States.
“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 The Sixteenth Amendment is hereby repealed and Congress is henceforth forbidden to lay ``any`` tax or burden calculated from profits, gains, interest, salaries, wages, tips, inheritances or any other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 Constitution’s ORIGINAL TAX PLAN as our Founders intended it to operate! And, they would remove the existing chains of taxation which now oppresses America‘s free enterprise system and robs the wealth which America’s productive Citizens and business owners have created.
"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 among the States 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 to make up the deficiency.
"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 agreeably to the Census fixed in the said Constitution 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, a final date by which said tax shall be paid into the United States Treasury, and interest penalties for failure to pay said tax"
NOTE: our founder’s fair share formula to extinguish a deficit may be summarized as follows:
States’ population
---------------------------- X SUM TO BE RAISED = STATE’S FAIR SHARE
Total U.S. Population
This formula, as intended by our founding fathers, is to insure that each State’s share of the tax is proportionately equal to its representation in Congress, i.e., representation with a proportional financial obligation, or, one man one vote and one vote one dollar!
"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, if ratified by the required number of States, shall take effect no later than one year after the required number of States have approved it.
JWK
“The proportion of taxes are fixed by the number of inhabitants, and not regulated by the extent of the territory, or fertility of soil”3 Elliot’s, 243,“Each state will know, from its population, its proportion of any general tax” 3 Elliot’s, 244 ___ Mr. George Nicholas, during the ratification debates of our Constitution.
Are you sure you're posting on the right website?
FReegards!
JWK
It’s just a publicly gimmick anyway
JWK
Weiner Nation
Yeah, Mark Levin’s ideas are our biggest problem right now. So grateful to have you looking out for us. /s
Worry about people who are actually in power, not some guy with a radio show.
one balanced budget amendment is not the same as the next version. The one three years ago was worthless.
That sir, wins the Post of the Week award!
Give it a rest John WK.
Your hyperbolic attacks on Mark Levin paint you as a Troll
There’s a tornado warning, and some people have a problem with the syntax that the weather guy is using as he stands in front of the green screen on channel 9 news.
877-381-3811
He just got confused as to where he really is. He thought he was in the land of insanity; not the land of the sane.
Are you suggesting Mark Levin is arrogant enough to believe he is the only one with all the answers to our budget problems and won’t listen to anyone else?
Sounds like your beef is with him, and posting here without his ability to acquit himself in the conversation amounts to the equivalent of a conversation with yourself.
FReegards!
You have taken too many self-esteem courses.
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