Commmentary: Article XVIII (18) covers budget, revenue, taxation, and finance.
[Documment Quotations:] Quoations in light gray from source documents are for reference only annd are not part of the Constitution of the Nation of Pacifica.
This Constitution is a work in progress..
[Constitution of the United States of America, Article I, Section 7, Clause 1:] All Bills for raising Revenue shall originate in the House of Representatives; but the Senate may propose or concur with Amendments as on other Bills.
[Constitution of the United States of America, Article I, Section 2, Clause 3:] Representatives and direct Taxes shall be apportioned among the several States which may be included within this Union, according to their respective Numbers, which shall be determined by adding to the whole Number of free Persons, including those bound to Service for a Term of Years, and excluding Indians not taxed, three fifths of all other Persons. The actual Enumeration shall be made within three Years after the first Meeting of the Congress of the United States, and within every subsequent Term of ten Years, in such Manner as they shall by Law direct. The Number of Representatives shall not exceed one for every thirty Thousand, but each State shall have at Least one Representative; and until such enumeration shall be made, the State of New Hampshire shall be entitled to chuse three, Massachusetts eight, Rhode-Island and Providence Plantations one, Connecticut five, New-York six, New Jersey four, Pennsylvania eight, Delaware one, Maryland six, Virginia ten, North Carolina five, South Carolina five, and Georgia three. [Amendment XIV, Section 2, changed mode of apportionment of representatives and Amendment XVI changed no taxes on income.]
Clause 1: The Congress shall have power to lay and collect taxes, duties, imposts, and excises, to pay the debts of the Nation of Pacific; but all duties, imposts, and excises shall be uniform throughout the Nation of Pacifica;
[Constitution of the United States of America, Article I, Section 8, Clause 1:] The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States;
[Constitution of the United States of America, Amendment XVI:] The Congress shall have power to lay and collect taxes on incomes, from whatever source derived, without apportionment among the several states, and without regard to any census or enumeration.
Clause 2: The Congress shall have power to borrow money on the credit of the Nation of Pacifica.
[Constitution of the United States of America, Article I, Section 8, Clause 2:] The Congress shall have Power … To borrow Money on the credit of the United States;
Clause 3: The Congress shall have power to establish uniform laws on the subject of bankruptcies throughout the Nation of Pacifica.
[Constitution of the United States of America, Article I, Section 8, Clause 4:] The Congress shall have Power … To establish an uniform Rule of Naturalization, and uniform Laws on the subject of Bankruptcies throughout the United States;
[Constitution of the United States of America, Article I, Section 9, Clause 4:] No Capitation, or other direct, Tax shall be laid, unless in Proportion to the Census or Enumeration herein before directed to be taken. [Amendment XVI allowed taxes on income.]
[Constitution of the United States of America, Amendment XVI:] The Congress shall have power to lay and collect taxes on incomes, from whatever source derived, without apportionment among the several states, and without regard to any census or enumeration.
Clause 1: The Chancellor of Economic Affairs shall be the chief executive of federal departments regarding economic affairs, budget, revenue, taxation, finance, the Treasury, banking, securities, insurance, financial services, and monetary policy. He or she shall hold his or her office during the term of five years, and be elected by the people of the Nation of Pacifica.
Clause 2: No person shall be elected to the office of the Chancellor of Economic Affairs more than once.
Clause 3: The Congress may determine the time of voting for Chancellor of Economic Affairs; which day shall be the same throughout the Nation of Pacifica.
Clause 4: The terms of the Chancellor of Economic Affairs shall end at noon on the 20th day of January, and the term of his or her successor shall then begin.
Clause 5: Before he enter on the execution of his or her office, he or she shall take the following oath or affirmation:—“I do solemnly swear (or affirm) that I will faithfully execute the office of Chancellor of Economic Affairs for the Nation of Pacifica, and will to the best of my ability, preserve, protect, and defend the Constitution of the Nation of Pacifica.”
Clause 6: Whenever there is a vacancy in the office of the Chancellor of Economic Affairs, the President shall nominate a Chancellor of economic affairs, budget, revenue, taxation, finance, the Treasury, banking, securities, insurance, financial services, and monetary policy who shall take office upon confirmation by a majority vote of both Houses of Congress. If the remainder of the term is less than three years, the new Chancellor of Economic Affairs may run for reelection once.
Clause 7: The Chancellor of Economic Affairs shall, at stated times, receive for his or her services, a compensation, which shall neither be increased nor diminished during the period for which he or she shall have been elected, and he or she shall not receive within that period any other emolument from the Nation of Pacifica, or any of the states.
Clause 8: Should the a 55% majority of the Senate vote no confidence in the Chancellor of Economic Affairs, the people shall vote on the Chancellor of Economic Affairs at the next election. If the sitting Chancellor of Economic Affairs receives the most votes, he or she shall continue to serve the remainder of his or her term. If another candidate receives the most votes, he or she shall become the new Chancellor of Economic Affairs and serve the remainder of the term. If the remainder of the term is less than three years, the new Chancellor of Economic Affairs may run for reelection once.
Clause 1: The Chancellor of Economic Affairs set policy regarding economic affairs, budget, revenue, taxation, finance, the Treasury, banking, securities, insurance, financial services, and monetary policy; and he or she may require the opinion, in writing, of the officers in the economic affairs, budget, revenue, taxation, finance, the Treasury, banking, securities, insurance, financial services, and monetary policy executive departments, upon any subject relating to the duties of their respective offices.
Clause 2: The Chancellor of Economic Affairs shall nominate, and by and with the advice and consent of the Senate and the President sitting at the time of the nomination, shall appoint public ministers and consuls and all other officers of the economic affairs, budget, revenue, taxation, finance, the Treasury, banking, securities, insurance, financial services, and monetary policy executive departments, whose appointments are not herein otherwise provided for, and which shall be established by law: but the Congress may by law vest the appointment of such inferior officers, as they think proper, in the President alone, in the courts of law, in the Chancellor of Economic Affairs, or in the heads of departments.
Clause 3: The Chancellor of Economic Affairs shall have power to fill up all vacancies that may happen during the recess of the Senate, by granting commissions which shall expire at the end of their next session.
Clause 4: The Chancellor of Economic Affairs shall chair the Senate committees corresponding with economic affairs, budget, revenue, taxation, finance, the Treasury, banking, securities, insurance, financial services, and monetary policy.
Clause 5: The Chancellor of Economic Affairs shall from recommend to Congress for consideration such measures as he or she shall judge necessary and expedient; and he or she shall take care that the laws be faithfully executed. The Chancellor of Economic Affairs shall appear before each House of Congress from time to time as determined by each House to give information on economic affairs, budget, revenue, taxation, finance, the Treasury, banking, securities, insurance, financial services, and monetary policy and answer questions from the members of each House.
This Constitution is a work in progress.
