What is ClampIt

The ClampIt Constitutional Amendment is a proposed amendment to the United States Constitution whereby all the power to tax at all levels of the government is revoked except as described below.

The tax system is to be comprised of transaction taxes with constitutionally-limited maximum rates. The rates of the taxes are limited in discrimination only in product, specifically not by classification in any form of the tax payer. This national tax will have set rates for dissemination to local governments, the common welfare, and individually-specified charities. In particular, one fifth each to the following recipients: Federal Government, State Government, Local Government, Common Welfare, and a personal Charity Account.

To better understand the actual scope and ramifications of this measure, please refer to ClampIt Features.