[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[H.J. Res. 50 Introduced in House (IH)]

112th CONGRESS
  1st Session
H. J. RES. 50

    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.


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                    IN THE HOUSE OF REPRESENTATIVES

                             March 15, 2011

Mr. Paul introduced the following joint resolution; which was referred 
                   to the Committee on the Judiciary

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                            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States shall stand repealed and thereafter Congress shall not levy 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 gifts.''.
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