What is ClampIt?

Constitutional Limit on the Amount and Method of Internal Taxation
''Synopsis: Amends the United States constitution to limit both the total amount and type of taxes that may be levied on any person within the United States. Restricts the form of taxation to only a singly applied, fixed percentage of the value of goods, services, or property acquired. Establishes a maximum rate of taxation from all government authorities combined of ten percent of the value of each transaction. Requires the tax rate to be uniform for all citizens throughout the United States. Repeals the 16th Constitutional Amendment.

LIMITS OF TAXING POWER
LIMIT of the TAXING METHOD: The power of all government authorities to tax is hereby rescinded except as provided by this amendment. Henceforth, only one tax may be levied in the United States and that shall be limited to a percentage of the value of goods, property or services whenever sold and shall be included in the selling price. The revenue thus derived shall be equally and directly distributed (one fifth each) to the federal, state and local government treasuries; to the individual social security/health entitlement fund defined herein; and to the declared charities of the buyer and seller. Henceforth, a citizen may not be taxed again for any property thus acquired.

LIMIT of the AMOUNT of TAXATION: Congress alone shall have authority to declare any class of product or service in one and only one of eleven tax rates, which may vary from zero to a maximum of ten percent of the selling price. A progressive majority, equal to two percent additional votes of each member of Congress for each percentage point of tax difference, shall be required to approve any tax rate other than five percent; such difference shall decrease by one percent per year unless again approved by Congress. The tax rate shall be the same for the same product or service throughout the United States. Congress shall pass no law that exempts or favors any individual, organization, government or other entity from any such tax so declared.

EXCLUSIVE SOURCE OF FUNDS:  Any funds obtained by any government other than that provided herein shall be be assigned national distribution as a supplement to every charity fund to be distributed as the citizenry sees fit.

The sixteenth amendment is hereby repealed. Congress shall have authority to implement this amendment by Statute.

The force and effect of this amendment
REPEALS all federal, state and local taxes of any kind, including those based on income or recurring tax on property acquired after enactment of this amendment, which are made illegal. Any sale can only be taxed once. Ownership, once acquired under force of this amendment, cannot be taxed.

REQUIRES all government authorities to fund all operations exclusively from this single source of tax revenue. Any other funds acquired by government otherwise permitted by law, shall be assigned national distribution as a supplement to the charity funds.

RESTRICTS taxation to a uniform rate by type of product, service, or property per transaction.

LIMITS only one tax to each transaction that must be included in the selling price. Any buyer does not compute any tax. PROHIBITS tax discrimination based on demographics or any other classification of parties to any transaction. A tax cannot be declared by Congress that is particular to a region or market.

RESTORES civil courts as the sole authority to resolve disputes on transactional taxes.

PERMITS statutes to make provision requiring cash transactions to pay maximum tax (enforced at banks) for certain transactions requiring sourced funds.

ESTABLISHES a fixed budget of one fifth of all tax revenues for charity. This fund cannot be saved and cannot be encumbered and is disbursed to recipients of the owner's choosing, other than the owner.

For the purposes of this amendment, a “tax” is any compulsory contribution or amount involuntarily collected from any citizen under authority of law for the purposes of funding any government activity; a “transaction” is a single exchange of ownership or control occurring as of a specific instant in time.


 * Eliminates all other taxation in the United States.
 * Repeals the sixteenth amendment of the federal income tax.
 * Eliminates tax on ownership.
 * Eliminates tax on what you buy.
 * Replaces it with one tax on what you sell.
 * Limits the maximum tax rate to ten percent of what you sell
 * Sets the average tax rate is five percent of what you sell
 * Levels the playing field - Everyone selling the same product pays the same tax rate
 * Distributes revenue directly to your federal, state and local governments, charity and individual entitlements.
 * Fully funds social security on the total economy, not just salaries.
 * Provides for essential health care for every citizen.
 * Controls the size of government to an ideal ratio that will produce the highest standard of living (21.9% of GNP)
 * Reduces the ratio of government taxation from 40% of GDP down to 20-25% of GDP
 * Controls tax creep
 * Requires a progressive super majority to approve and annually to sustain any tax rate that differs from five percent
 * Provides a sunset provision that automatically normalizes to five percent any different tax rate that is not approved.
 * Requires foreign aid to be confirmed by each and every citizen through their Charity account.
 * Provides for lower tax on necessaries to protect the poor using natural market checks and balances.
 * Provides for retirement of public debt.