Provision 5 National Emergencies

A “National Emergency” is a new concept in the New Constitution.  When a National Emergency is declared by a vote of The People, certain actions are authorized by the national government.  The ability to have a vote of The People in a timely manner is now possible because of electronic communications via radio, television and the internet.  This Provision would require the organization of a capability to hold national elections quickly and safely.

When in a state of National Emergency:

• Congress does not have to balance the budget
• Congress may declare war or authorize the use of Military Forces outside the United States

Read the New Constitution at www.NewConstitution.info/images/New_Constitution.pdf

Next:  Provision 6 Amending This New Constitution

1.14 Taxation

The method of taxation in the New Constitution is a totally new way of looking at taxes.  It is not an income based tax and is not a consumer sales tax and it is not a value added tax.  It is a tax that is collected anytime something of value changes owners and it is measured in dollar value.  It is a transaction based tax.

We already have the vast majority of the infrastructure in place for this taxation system, and most of the infrastructure is automated.

Think of the savings to our nation:

      1.      Get rid of most of the cost of running the IRS

      2.      Get rid of hundreds of thousands of tax regulations that take tens of thousands of attorneys and accountants to interpret

      3.      Get rid of favoritism caused by Congress implementing tax loopholes and deductions

      4.      Get rid of the politics surrounding taxation because there are no exceptions

      5.      It does not set the poor against the rich and vice versa in the battle of taxes.

It will take people more knowledgeable then me to determine what the tax rate should be.  Because so many transactions will be taxed, I am guessing the rate per transaction would be around 2%.  Whatever the rate is, if the revenue is there to pay the bills, it will work.

As an aside, the statement drawn from the original Constitution dealing with not giving preference to any one State over another when regulating commerce and revenue has been updated to include all types of transportation including “aircraft or spacecraft”.  Cool, huh?  Opps, what about electronic communication!  I just realized I need to add some wording to cover things like the Internet.

Read the New Constitution at http://www.newconstitution.info/images/New_Constitution.pdf 

Next: 1.15 Other Powers

1.13 Monetary Policy

The original Constitution requires “a regular Statement and Account of the Receipts and

Expenditures of all public Money shall be published from time to time.”  The New Constitution requires the President to publish an accounting of receipts and expenditures every April 1^st.

In order to tighten up our budgeting system, something needs to be done to stop Congress from borrowing from other government funds, such as Social Security.  Congress borrows in order to spend but they don’t pay back which jeopardizes the funds.  The New Constitution continues to allow Congress to move money around like this but it requires the discipline of a set payback period to the fund that was raided.

The New Constitution also specifies that all debts incurred by the United States (with Congress’s authorization) must be paid back and paid back in a timely manner.  None of this was addressed in the original Constitution; I guess the writers just assumed just debts would be paid in a timely manner.

Read the New Constitution at http://www.newconstitution.info/images/New_Constitution.pdf 

Next: 1.14 Taxation

1.12 Balanced National Budget

A balanced national budget makes sense as long as there are provisions for The People to override it in an emergency.  Only The People should have the authority to let themselves go in debt.  The New Constitution has it covered. 

      1.      The government cannot spend more than it takes in except in a declared National Emergency (which must be declared by a vote of The People)

      2.      Government expenditures cannot exceed 20% of the GDP

      3.      The President must submit a balanced budget each year

      4.      Only The People can increase taxes

This Section could use some refinement in wording, but it basically says it all:

YOU CAN’T SPEND MORE THAN YOU RECEIVE!

Read the New Constitution at www.NewConstitution.info/images/New_Constitution.pdf

Next: Monetary Policy