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Bill: Fieren Goldmark's Liberal Budget

Details

Submitted by[?]: Radical Party

Status[?]: passed

Votes: This bill proposes to change the allocation of funds in the budget. It requires more than half of the legislature to vote yes. This bill will pass as soon as the required yes votes are in, or will be defeated if unsufficient votes are reached on the deadline.

Voting deadline: July 2560

Description[?]:

With this budget, I have aimed to curtail excessive spending on negative (Military) and unneccessary (Transport) of the state sector, while maximise spending in positive areas (Education, Health, Justice).

My second aim was to provide an ample trade surplus, which I believe I have achieved. Along with the 10% flat income tax, and 10% luxury tax, this is the final stage of my proposed Liberal Budget.

- Fieren Goldmark - Finance Minister (Radical Party)

Proposals

Debate

These messages have been posted to debate on this bill:

Date21:12:23, April 11, 2008 CET
FromTelamon Minarchist Party
ToDebating the Fieren Goldmark's Liberal Budget
MessageIs there anyway to make the proposal revenue neutral? TCAP will categorically vote against any budget increases; if the budget does not change or decreases, then we will weight the proposals merits.

Date21:15:04, April 11, 2008 CET
FromRadical Party
ToDebating the Fieren Goldmark's Liberal Budget
MessageI think you will find that we are already in a massive trade surplus; we might as well spend some of that trade surplus on improving our society. Our tax rate is incredibly low, the market is incredibly de-regulated, while we have a major trade surplus, and this spending bill will ensure a well-provided for state sector.

I cannot see any complaints.

- Fieren Goldmark - Finance Minister (Radical Party)

Date21:17:54, April 11, 2008 CET
FromTelamon Minarchist Party
ToDebating the Fieren Goldmark's Liberal Budget
MessageJust because things are good, doesn't mean they can't be better. Why not return even more of that budget surplus to the people; and reconfigure the budget without adding any new spending; it's not as if the overall budget increased that much.

Date21:30:31, April 11, 2008 CET
FromRadical Party
ToDebating the Fieren Goldmark's Liberal Budget
MessageHow can you say we are not returning that surplus to the people, when we are investing it in public education, healthcare and the rule of the law?

This budget hardly makes an indentation into the trade surplus, while providing a considerable more amount of funding to key areas.

Your arguments are flawed, sir, and you do not see the bigger picture.

- Fieren Goldmark - Finance Minister (Radical Party)

Date22:14:25, April 11, 2008 CET
FromTelamon Minarchist Party
ToDebating the Fieren Goldmark's Liberal Budget
MessageBecause you're confiscating the income of some and returning it others, not everyone uses the public education system or the public health care system and yet they're forced by the government to support these things whether they want to or not. Thus it’s being returned to some people and other people are left holding the bill.

And it's not a trade surplus; it's a budgetary surplus between tax revenue and government expenditures which means the government is taking huge sums of wealth and just letting it sit around for no particular reason which is especially damaging for the economy.

My party is not opposed to changing what is funded and how much they're funded; but indeed government spending is a slippery slope and we will not support an increase in the size of government one iota leading us to fall down that ruinous path.

Date23:37:02, April 11, 2008 CET
FromDemocratic Capitalist Delegation
ToDebating the Fieren Goldmark's Liberal Budget
MessageNobody is taking funds from anyone: If we were not to invest extra money in the public, it would simply sit in out coffers going to waste. We believe that a surplus is beneficial as opposed to a deficit, but we don't want to run our surplus too high, otherwise we're collecting dead money. It is apparent that the TACP is no familiar with national budgets.

We applaud the stellar work of Minister Goldmark as he continues to expertly allocate our country's finances.

James Lott
Chairman
Democratic Capitalist Delegation

Date02:14:54, April 12, 2008 CET
FromTelamon Minarchist Party
ToDebating the Fieren Goldmark's Liberal Budget
MessageThey very nature of taxation is one of taking funds from individuals. If we didn't "invest" the extra money in the public then we'd have more money we could return to the public. And I AGREE that we don't want a deficit or too high of a surplus (as we currently have), but the solution to that isn't more spending to lower the current annual surplus, it's cutting taxes to prevent us from gathering such a high surplus.

My parties points are clear and coherent, I'd appreciate it if you wouldn't dismiss us with ad hominems.

Date02:17:19, April 12, 2008 CET
FromTelamon Minarchist Party
ToDebating the Fieren Goldmark's Liberal Budget
MessageEdited to add: With the latest tax cut; I don't know if the surplus is too high as it was before, but my parties argument stands, there's no need to increase spending.

Date10:14:10, April 12, 2008 CET
FromDemocratic Capitalist Delegation
ToDebating the Fieren Goldmark's Liberal Budget
MessageWe do not believe that the taxation level in this country is at all unfair. Nor do we believe the government at all overspends. Virtually every country of comparable population to Telamon is running a 100 billion or 1 trillion plus national budget, while Telamon remains under the 100 billion mark with a small surplus. Because our tax rates are already adequately low, we believe that to cover the surplus, the Republic of Telamon is wise to increase its spending. We would also like to point out that we are returning money to the public through government funded programs and public projects-- the people are not being robbed of any of its nation's value. We made no such "ad hominems" to attempt to dismiss the TACP, but simply used the TACPs own words as a basis to suggest that they are a party inexperienced in dealing with budget related issues.

James Lott
Chairman
Democratic Capitalist Delegation

Date12:20:48, April 12, 2008 CET
FromRadical Party
ToDebating the Fieren Goldmark's Liberal Budget
MessageHere here, Mr. Lott. I thank you for your diligent support and defence of my budget, and your continued commitment to the Liberal cause.

- Fieren Goldmark - Finance Minister (Radical Party)

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Voting

Vote Seats
yes
    

Total Seats: 234

no
  

Total Seats: 125

abstain
 

Total Seats: 41


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