|Updated: 11/18/2013 10:47 am
||Published: 11/18/2013 10:45 am
Rep. Jim Bridenstine introduced a bill to repeal the 16th Amendment of the Constitution, which allows the federal government to levy the income tax.
Bridenstine said, "Viable alternative plans for raising revenue fairly to support constitutionally enumerated functions of the federal government have been proposed. As long as the 16th Amendment is in place and lobbyists dominate Washington, these alternatives will never be considered."
Bridenstine's bill would eliminate the personal and corporate income tax, the estate and gift taxes, and taxes on investment earnings at the federal level.
Bridenstine commented, "The 4th Amendment to the U.S. Constitution guarantees 'The right of people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures.' The 16th Amendment effectively negates the 4th Amendment. The 16th Amendment should be repealed and the IRS should be eliminated."
Bridenstine said the personal and corporate income tax is a punitive tax which discourages investment, innovation, risk-taking and job formation within the United States. He also thinks the income tax code is too complex for citizens to understand, and the annual time and expense required to comply with the income tax code has become intolerably burdensome.
To amend the Constitution or repeal an amendment there must be a vote of two-thirds of both the House of Representatives and the Senate followed by a ratification of three-fourths of the various state legislatures.
Bridenstine's bill would then give Congress two years to find an alternative revenue stream.