-PROPOSED 28TH AMENDMENT-
Workers Rights:
Four day work week.
Any time over 32 hours in a week is overtime.
Equal pay for women.
Every company must offer a week paid vacation after each year of employment and also a week of paid maternity or paternity leave.
Increase the federal minimum wage to $12.50 per hour and $5.25 per hour for tipped employees.
Government funded projects inside the United States including construction, infrastructure, technology, and energy must be staffed at least 80% with American citizen workers.
Taxes:
An implementation of a progressive tax system with conditional requirements for lower tax rates, or ‘hooks’. This is to encourage fiscal responsibility of congress and to protect the American worker.
Income Tax:
Under 250k Single Filer -- 10%
Over 250k Single Filer -- 25%
Under 500k Married -- 10%
Over 500k Married -- 25%
Hooks:
If Congress maintains a surplus greater than 50% of the budget then the higher income rates are as follows:
Over 250k Single Filer -- 17.5%
Over 500k Married -- 17.5%
If Congress maintains a surplus greater than 100% of the budget then the higher income rates are as follows:
Over 250k Single Filer -- 10%
Over 500k Married -- 10%
Corporate Tax:
Under 500k -- 15%
Over 500k -- 20%
50k deductible for small businesses
Hooks:
If American citizens constitute 80% or more of a company’s employees or subcontractors the rate is as follows for that respective company:
Under 500k -- 10%
Over 500k -- 15%
If Congress maintains a surplus greater than 50% of the budget and if American citizens constitute 80% or more of a company’s employees or subcontractors the rate is as follows for that respective company:
Over 500k -- 10%
Capital Gains Tax:
Under 50k -- 0%
Under 550k -- 10%
Over 550k -- 20%
Hooks:
If Congress maintains a surplus greater than 50% of the budget then the higher Capital Gains Tax rate is as follows:
Over 550k -- 15%
If Congress maintains a surplus greater than 100% of the budget then the higher Capital Gains Tax rate is as follows:
Over 550k -- 10%
Property Tax:
Abolition of property taxes unless the property is vacant or not in use for longer than three years.
Additional Revenue Generation:
There are two additional revenue sources for the government to collect from:
1.) Electronic Transaction Fee:A 10bps fee on all electronic transactions which will generate an estimated $1 trillion in revenue each year. This includes credit, debit, banking, fedwire, swift, etc. electronic transactions. Half of this fee takes money out of circulation to increase the value of the dollar by 2% each year.
$500 billion each year to burn (deflationary)
$400 billion each year for reparations (after about 10 years when reparations fully funded it becomes an infrastructure modernization fund evenly divided among states)
$100 billion each year for building affordable housing (2 billion to each state)
2.) Market Exchange Fee:A $10 dollar fee per trade (only 1% fee for trades under $1000 value) on any financial market exchange which will generate an estimated $6 trillion in revenue each year. This includes trades on treasuries, bonds, stocks, options, forex, etc.
$3.3 Trillion each year to pay off national debt in 10 years
$2 trillion to help fund the government (because of lower taxes)
$300 billion for fusion power plants
$300 billion for space mining for helium-3 for fusion (and other materials)
$100 billion for building free student housing for low income students (2 billion to each state)
Free Speech Online:
The right to free speech. On all major social media, internet forums, and video sharing apps or sites you have the right to free speech and cannot be deleted from the site or app, de-monetized, de-platformed, shadow banned, or have your reach limited because of what you say. A ‘community notes’ style fact check on a post is okay but never censorship.
Student Loan Debt:
Student loan accrued interest cannot exceed 20% of the principal of the loan. Any amount paid over that threshold will be applied towards the principal.
Energy And Mining Dividend:
25% of all space mining revenue and energy sales from the publicly funded fusion power plants will be given to American citizens one week before Thanksgiving.
Reparations:
Every living member of any Native American tribe and descendant of slaves born before the enactment of this proposed amendment to receive a one time payment of $100,000.
All American citizens who are descendants of American slaves pay no income tax.
All Native American tribe members pay no income tax.
Term Limits and Stock Reform:
Representatives -- 10 Terms
Senators -- 5 Terms
No more than 30 years combined for house and senate.
Age Limit -- 75 Years Old (Representative, Senatorial, Gubernatorial, or Presidential candidates)
Complete ban on congress members and their immediate family and their partners from owning or trading stocks.
Lobbying and Campaign Finance Reform:
No more dark money.
No more PACs.
Election Reform:
Election day will be a national holiday.
Ballot harvesting illegal.
No mail in voting.
60 days of early voting prior to election day for all elections.
ID required to vote.
Must be a US citizen to vote in any election.