Drop two constitutional amendment proposal bills in the hoppers and fight to limit the ability of Democrats to buy votes at the expense of the middle class.
Federal taxation on personal income shall be capped as follows:
below 20% of the median federal full-time civilian employee compensation amount, 10%,
below 50% of the median federal full-time civilian employee compensation amount, 22%,
below the median federal full-time civilian employee compensation amount, 30%,
below the average federal full-time civilian employee compensation of the 100,000 largest recipients, 35%,
below the average federal full-time civilian employee compensation of the 10,000 largest recipients, 40%.
[Note 1: All percentages to include employee FICA and self-employment tax as they are income taxes.]
[Note 2: These are very close to the combined (1040 + employee FICA & Medicare) personal income tax rates now levied.]
[Note 3: Anything that the IRS would as of January 1, 2024 legally be able to collect income tax on if provided to any person would be considered compensation.]
Levies on any residential property of less than 2799 square feet of finished living space shall be no higher than the 2019 dollar amounts for the property, or for a newer or since resold property no higher than what it would have been levied at for 2019 if it lacked owner specific tax breaks, increased by 3% per calendar year since 2019 and by any percentage increase to its finished living space.
Fighting in Congress to send middle-class income and property taxation cap constitutional amendments to the states would make Congress turn deep red come 2027.
Oh, I forgot mention, I paid $55,000 for the home I’m in now..
I’ll admit to having no idea with what you’re doing for the most of this, but why cap increases on anything below the inflation rate?