Would the U.S. have an Austrian Economy if an amendment that did the following was passed? What would need to be added or taken away, if anything, to make the amendment adhere strictly to Austrian Economics?
repeals the 16th amendment
disallows the federal government to print any more money to cap inflation.
1.5% capped national sales tax for paying SC Justices, the President, and members of Congress, and running Federal buildings and roads. Each member of Congress is to be paid 1/4 of what the president is paid, except the VP should be paid to 3/4 what the president is paid. S.C. Justices are paid 2/3 what the President is paid. The Secretary of the Treasury and the Sec. of State are to be paid 1/2 what the president is paid.
Abolish all federal agencies, beauracracies, and Departments, except Dept. of State and the Treasury.
Government may not invest in the private sector.
No state income tax may be higher than 10%; all state income taxes must be flat; No state may make sales tax higher than 8%; States are not allowed to have any other taxes.
Remove all military bases not on U.S. soil.
Federally legalize all drugs; leave age limits up to the states.
Overturn Roe V. Wade and leave up to states.
Abolish the Federal Death penalty.
close all federal prisons.