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Bill: Fiscal Responsibility Restoration Act of 2512
Details
Submitted by[?]: Democratic Rationalists (PrCoa)
Status[?]: passed
Votes: This is an ordinary bill. It requires more yes votes than no votes. This bill will not pass any sooner than the deadline.
Voting deadline: August 2512
Description[?]:
| A bill to restore fiscal responsibility in 2512. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 5
Current: 5
Proposed: 25
Article 2
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 0
Current: 15
Proposed: 1
Article 3
Proposal[?] to change Sales tax on luxury goods.
Old value:: 0
Current: 25
Proposed: 2
Debate
These messages have been posted to debate on this bill:
| Date | 18:56:44, January 06, 2008 CET | From |  Moderate Libertarian Party (NoCoalition) | To | Debating the Fiscal Responsibility Restoration Act of 2512 |
| Message | This bill is bad and article 2 is outrageous! |
| Date | 19:44:32, January 06, 2008 CET | From | Democratic Rationalists (PrCoa) | To | Debating the Fiscal Responsibility Restoration Act of 2512 |
| Message | Article II is a sensible adjustment of corporate taxation levels to meet Aloria's budgetary needs in a manner that is fiscally responsible and fair. |
| Date | 20:11:42, January 06, 2008 CET | From | Democratic Rationalists (PrCoa) | To | Debating the Fiscal Responsibility Restoration Act of 2512 |
| Message | http://www.infoplease.com/cig/economics/government-share-economy.html This is the URL for an article advocating a decrease in U.S. federal spending. A couple of points worth noting: 1) The U.S. is a fiscally conservative nation. Our national government spending as percentage of GDP is pretty low. 2) U.S. federal spending, according to this article, accounts for %19 of GDP. %35 of that is for military spending. 3) Estimating %35 to 1/3, or %33, that means about %6 of U.S. federal spending, expressed as percentage of GDP, is for defense. 4) Maybe you think the U.S. spends too much on defense. Fine. How much should a nation spend for defense? How much should the U.S. cut its military spending? A tenth? A quarter? A third? Let's go bonkers, and slash U.S. defense spending by HALF. The U.S. would STILL be spending %3 of its GDP on defense alone! 5) Aloria's TOTAL government spending is 1.2% of GDP. That's tiny. That's too small. Even if Aloria spent nothing for the welfare of its citizens, and spent only for defense, its spending is still inadequate to meet its needs. |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 331 | |||
| no | Total Seats: 290 | |||
| abstain | Total Seats: 79 |
| Random fact: Particracy does not allow official national flags of real-life nations or flags which are very prominent and recognisable (eg. the flags of the European Union, the United Nations, Nazi Germany, the Soviet Union or the Confederate States of America). |
| Random quote: "We make war that we may live in peace." - Aristotle, Nichomachean Ethics |