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Bill: Economic Reform Bill of May 2371
Details
Submitted by[?]: Covenanters (IA)
Status[?]: defeated
Votes: This bill proposes to change income taxes. It requires more than half of the legislature to vote yes. This bill will not pass any sooner than the deadline.
Voting deadline: April 2372
Description[?]:
| The Axis Bible and Crown Defenders propose to adjust the government's policies to better address the economic situation of the Holy Luthori Empire. |
Proposals
Article 1
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 1
Current: 6
Proposed: 15
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 20
Current: 21
Proposed: 15
Article 3
Proposal[?] to change The government's policy concerning phone services.
Old value:: The state regulates the rates providers can charge for phone service.
Current: The state subsidizes the phone service of low income families, and regulates the rates providers can charge for phone service.
Proposed: There are no regulations on phone service.
Article 4
Proposal[?] to change Train Operating Companies (TOC).
Old value:: There is a single publicly owned TOC.
Current: The State owns and operates a national TOC, alongside private TOCs.
Proposed: Private companies operate TOCs throughout the country.
Article 5
We propose to alter income tax brackets to the following setup. Information about the current income tax system can be found here.
| Bracket | Tax | Estimated Revenue |
| > 1 LPD | 15% | 78,295,000,000 LPD | Total | 78,295,000,000 LPD |
Debate
These messages have been posted to debate on this bill:
| Date | 16:26:51, March 09, 2007 CET | From | Imperium et Libertas Party | To | Debating the Economic Reform Bill of May 2371 |
| Message | We're not keen on article IV and absolutely opposed to article III. |
| Date | 16:43:07, March 09, 2007 CET | From | Catholic Justicial Party - Solidarity | To | Debating the Economic Reform Bill of May 2371 |
| Message | Completely out of the question. |
| Date | 18:29:46, March 09, 2007 CET | From | Covenanters (IA) | To | Debating the Economic Reform Bill of May 2371 |
| Message | We'd be prepared to drop article III if our honourable ILP friends will vote for the remaining articles as a compromise. |
| Date | 20:52:56, March 09, 2007 CET | From | Imperium et Libertas Party | To | Debating the Economic Reform Bill of May 2371 |
| Message | We will do, but we make no promises we won't try and repeal article IV (and possibly VI which seems to be a new addition) as part of a larger bill in the future. |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 64 | ||||
| no |
Total Seats: 91 | ||||
| abstain | Total Seats: 0 |
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