The bill proposes to amend the U.S. Constitution to require that any bill, resolution or other legislative proposal changing the internal revenue laws considered by Congress must have a two-thirds vote of approval. The bill passed the House by a vote of 234 to192. We can control runaway spending by curbing the money Congress receives with a limitation on the ability to tax Americans. Very frankly, it s time to take the government s big hand out of the taxpayer s wallet, said Rep. Don Young.
Many states have their own tax limitation laws.
All the tax increases would have failed if the Congress had a tax limitation amendment, said Young. Rep. Young added It only makes good sense that Congress should control spending and increased fiscal discipline.