BASS BARN banner

1 - 4 of 4 Posts

·
Registered
Joined
·
2,020 Posts
Discussion Starter #1 (Edited)
Senator Flake alleges a concern about the annual deficit and tax reform

.
See 4 Republican Senators in Private Talks That Could Kill Current Tax Reform Bill

”Arizona Sen. Jeff Flake and Oklahoma Sen. James Lankford are among the four — enough to stop a bill that can only spare two Republican defections — who have concerns about a tax reform bill that was estimated to hike the deficit by $1.5 trillion over 10 years. The other two senators have not publicly confirmed their concerns.”

Sen. Flake continued: “I’ve been concerned for a long time on our debt and deficit — that’s what animates me,” “There are a couple other people who are concerned as well. We can do tax reform in ways that will grow the economy but we can’t just ignore the debt and deficit.”

If Senator Jeff Flake were sincerely concerned that the House Bill may raise the deficit by $1.5 Trillion over a ten year period, he would offer an amendment to the tax reform bill dealing with the alleged concern. In fact, he could offer an amendment that would require Congress to immediately extinguish year-end deficits, should they occur, as is found in the Fair Share Balanced Budget Amendment.


"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:

States’ population

---------------------------- 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 proportional financial obligation!



Note also that each State’s number or Representatives, under our Constitution is determined by the rule of apportionment:


State`s Pop.
------------------- X House size (435) = State`s No. of Representatives
U.S. Pop.



"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.


The bottom line is, Jeff Flake’s alleged concern can easily be addressed with a proposed amendment similar to the above wording which would deal with possible deficits on a yearly basis. And the proposed amendment would make each State’s Congressional Delegation immediately accountable should deficits occur by requiring them to bring home a bill to their own State’s Legislature and Governor who would be stuck with paying the Bill and depleting their own state treasury, or raising additional taxes within the state which then would have to be transferred into the United States Treasury. This method of dealing with deficits would certainly create a very real moment of accountability for every State’s Congressional Delegation, and would encourage each State’s Legislature and Governor to keep a jealous eye on their own State Delegations’ spending habits to avoid the apportioned direct tax.

JWK


“…..with all these blessings, what more is necessary to make us a happy and a prosperous people? Still one thing more, fellow-citizens—a wise and frugal Government, which shall restrain men from injuring one another, shall leave them otherwise free to regulate their own pursuits of industry and improvement and shall not take from the mouth of labor the bread it has earned. This is the sum of good government, and this is necessary to close the circle of our felicities“. Thomas Jefferson, First Inaugural Address
 

·
Registered
Joined
·
2,020 Posts
Discussion Starter #3
media personalities silent on original tax plan and fair share BBA

What is troubling is, in recent times and to the best of my knowledge, not one of our tv/radio personalities have ever discussed the merits, brilliance and wisdom of our Founder's original tax plan.


Have you ever heard Rush Limbaugh, Glenn Beck, Laura Ingraham, Schnitt, Mark Levin, Dennis Prager, Bill O'rielly, Mike Gallagher, Doc Thompson, Lee Rodgers, Neal Boortz, Mike Huckabee, Tammy Bruce, Monica Crowley, Herman Cain. Eric Bolling, Kimberly Guilfoyle, Greg Gutfeld, Dana Perino, Juan Williams, Megyn Kelly, Neil Cavuto, John Stossel, Lou Dobbs, Charles Krauthammer, Tucker Carlson, Lisa Kennedy, or any media personality discuss our Constitution’s original tax plan or the Fair Share Balanced Budget Amendment?


Unfortunately, at least not one in ten thousand people in America understand how our Constitution's original tax plan was intended to work. I wonder what the American People would think of the plan if it was explained to them and they understood how it was intended to work, especially the rule of apportioning direct taxes, and extinguishing annual deficits using the apportioned tax.

Many of our Congress critters promote a fraudulent balanced budget amendment which, if adopted, would make it constitutional to not balance the annual budget. But not one has expressed a support for extinguishing annual deficits using the no-nonsense apportioned tax, which would require each state’s Congressional Delegation to return home with a bill for its State to pay an apportioned share of an annual deficit based upon its big mouth in Congress when spending federal revenue.

JWK




Are you really ok with 45 percent of our nation’s population who pay no taxes on incomes being allowed to vote for representatives who spend federal revenue which the remaining 55 percent of our nation’s hard working and productive population has contributed into our federal treasury via taxes on incomes when our Constitution requires “Representatives and direct taxes Shall be apportioned among the Several States”?
 

·
Registered
Joined
·
76,295 Posts
Reality Check
America has created its own $$$ problem.

Can we cut enough to balance the books?
Can we tax more to balance the books?
Or do we think we think economic growth is the solution?
 
1 - 4 of 4 Posts
Top