[Congressional Bills 107th Congress]
[From the U.S. Government Publishing Office]
[H.J. Res. 45 Introduced in House (IH)]
107th CONGRESS
1st Session
H. J. RES. 45
Proposing an amendment to the Constitution of the United States
relative to abolishing personal income, estate, and gift taxes and
prohibiting the United States Government from engaging in business in
competition with its citizens.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
April 25, 2001
Mr. Paul introduced the following joint resolution; which was referred
to the Committee on the Judiciary
_______________________________________________________________________
JOINT RESOLUTION
Proposing an amendment to the Constitution of the United States
relative to abolishing personal income, estate, and gift taxes and
prohibiting the United States Government from engaging in business in
competition with its citizens.
Resolved by the Senate and House of Representatives of the United
States of America in Congress assembled (two-thirds of each House
concurring therein), That the following article is proposed as an
amendment to the Constitution of the United States, which shall be
valid to all intents and purposes as part of the Constitution when
ratified by the legislatures of three-fourths of the several States
within seven years after the date of its submission for ratification:
``Article--
``Section 1. The Government of the United States shall not engage
in any business, professional, commercial, financial, or industrial
enterprise except as specified in the Constitution.
``Section 2. The constitution or laws of any State, or the laws of
the United States, shall not be subject to the terms of any foreign or
domestic agreement which would abrogate this amendment.
``Section 3. The activities of the United States Government which
violate the intent and purposes of this amendment shall, within a
period of three years from the date of the ratification of this
amendment, be liquidated and the properties and facilities affected
shall be sold.
``Section 4. Three years after the ratification of this amendment
the sixteenth article of amendments to the Constitution of the United
States shall stand repealed and thereafter Congress shall not levy
taxes on personal incomes, estates, and/or gifts.''.
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