The States of the USA and the People have granted the U.S. Federal Government, through Congress, the power to tax, borrow and create money. (Article I, Section 8, Paragraphs 1, 2, and 5 of the U.S. Constitution, plus the 16th Amendment. The "Big Four.") The Federal Government has monopoly control over its own financing. Has this monopoly control worked out well?
On December 31, 2000, the U.S. National Debt was $5.662 trillion. December 31, 2008, $10.700 trillion. December 31, 2011, $14.025 trillion. And, despite the November 2010 election results, $15.661 trillion on April 18, 2012. A 276% increase in less than
eleven years, six months. ((Source: www. TreasuryDirect.gov Debt to the Penny (Daily History/Search.))
It can arguably be said that these taxation, borrowing and money creation powers, granted with a sense of fiduciary trust by the People and the States to the Federal Government, have been seriously and shamefully misused.
Changes need to be made to end this misuse. However, the needed changes go far beyond electing better congressional representation, as necessary as this may be.
Despite decades of talk about ending "waste, fraud and abuse" all three continue to thrive. The Government Services Administration (GSA) and Secret Service scandals of spring 2012 are only two examples. Surely there might be many more.
The misuse, and potential for continued future misuse, will not be curtailed until the monopoly financing control created by the Big Four to pay for Federal expenditures is replaced by a States-based system. The CONSTITUTIONAL SUPPORT TAX (the CST) is that States-based system.
In summary the CST will do the following:
The power to lay and collect Taxes, Imposts and Excises will be repealed from Article I, Section 8, Paragraph 1 of the Constitution along with the 16th Amendment.
Article I, Section 8, Paragraph 2, authorizing Congress’ power to borrow money will also be repealed.
Once Congress sets the Federal Budget each year, the dollar amount of the Budget will be divided among the States by a formula that is fair to all States. This five-part formula is explained in the HOW IT WORKS section of the website.
It will then be up to the People of each State, and state and local officials, to decide how their State will pay its mandatory share of the Budget.
With the power to raise money through taxation and borrowing ended, Congress will have a powerful incentive to prepare yearly budgets that are well within the bounds of what the Constitution will allow. The States and People will be very skeptical about providing money to pay for anything beyond providing for the "common defence" referred to in the Preamble to the Constitution. The Founding Fathers intended such non-defense expenditures be handled at the state or local level. GSA Las Vegas outings and more should become closed history, never to return. Think about this fully, and you’ll correctly conclude the CST is the only way to end the spending problem.
Please read the website at your convenience. Give it some time to "mentally digest." If you like the CST, please spread the word among your friends and neighbors. Questions can be submitted through the website or to me at the following contact information.