MS HC33

Requests Congress to call a constitutional convention under Article V for the sole purpose of proposing a flat-rate income tax amendment to the U.S. Constitution.

Proposes a constitutional amendment establishing a maximum 10% income tax on individual compensation (wages, pensions, bonuses, awards) above a personal allowance threshold, with no tax if compensation is below the allowance.

Establishes a maximum 10% tax on business taxable income (defined as business receipts minus costs of inputs, employee compensation, and capital equipment/structures/land) for sole proprietorships, partnerships, and corporations, excluding government entities and non-profit organizations.

Requires employers to withhold 10% of compensation in excess of employees' annual personal allowance (prorated per pay period) and remit to federal government, with employees receiving a tax credit for withheld amounts.

Urges all state legislatures to apply to Congress to call such a convention and directs transmission of the resolution to the President, congressional delegation, and presiding officers of all state legislative bodies.