Require a three-fifths vote to raise tax rates
What the document says“Treasury should support legislation instituting a three-fifths vote threshold in the U.S. House and the Senate to raise income or corporate tax rates”
The chapter describes this as creating a wall of protection for the new rate structure and notes that many states have such a requirement.
What the document actually says“Treasury should support legislation instituting a three-fifths vote threshold in the U.S. House and the Senate to raise income or corporate tax rates”
Make it harder to raise taxes. Three fifths of each house would have to agree.
Congress raises taxes by a simple majority now. The book wants three fifths to be needed. That would make a rise much harder.
No action is recorded against this proposal. That is not evidence that none has been taken. See what the tracker does not yet cover.