Proposed Amendment XXVIII 

To the Constitution of the United States

Article XXIX. 

Section 1. Every census prescribed by the Second Section of the first Article of this Constitution shall calculate and publish the national median Household net worth, accounting for every Household subject to the jurisdiction of the United States, and all factors relevant to the determination thereof.

Section 2. Congress shall lay and collect taxes on Household incomes in Order to guarantee that the entire net worth beneficially owned by each Household subject to the jurisdiction of the United States, excluding Real Property subject to the jurisdiction of any State, shall not hereafter exceed ten Thousand times the amount most recently published pursuant to the preceding Section, or some fraction not less than one tenth of such multiple; provided that Congress shall exclude from such computation any Property located within and not thereafter removed from the United States, along with any Property that cannot be located in the United States, in all cases which was owned by such Household prior to the date this article is effective. 

Section 3. [If Congress Cooperates] One-half of all Revenues collected in accordance with this article shall be appropriated to old-age benefits programs inuring only to the general welfare of the People of the United States. The remaining one-half of all such Revenues, or if no such benefits programs exist, then the entirety of all such Revenues, shall be distributed by the Treasury equally to each State. Absent manifest error, disputes between States shall be resolved favoring the more populous claimants.[1]

Section 3. [If Congress Does not Cooperate] All Revenues collected in accordance with this article shall be distributed by the Treasury equally to each State. Absent manifest error, disputes between States shall be resolved favoring the more populous claimants.

Section 4. This article shall take effect, and the next Enumeration made, within three Years after the date of ratification, and every five Years thereafter. The Congress shall have the power to enforce this article by appropriate legislation.

[1] If Congress cooperates in ratification, fifty percent of the Revenues shall be allocated to Social Security. If Congress does not cooperate in ratification, all of the Revenues shall be distributed equally to the States.