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Bill: Bill for Economic Stimulation via Tax (BEST)
Details
Submitted by[?]: Green, Liberal and Left
Status[?]: defeated
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: March 2604
Description[?]:
| The current taxation system is a mess from an economics standpoint. Corporations and luxury goods are taxed too highly, repelling foreign investment into our economy and running the risk of making us economically uncompetitive, and as a result running the risk of rising unemployment. When unemployment rises it is always the poorest who suffer first. We propose that some of the lost revenue is offset by a slight rise in tax on non-luxury goods. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 26
Current: 10
Proposed: 15
Article 2
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 3
Current: 10
Proposed: 7
Article 3
Proposal[?] to change Sales tax on luxury goods.
Old value:: 30
Current: 30
Proposed: 20
Debate
These messages have been posted to debate on this bill:
| Date | 10:43:40, July 10, 2008 CET | From | National Liberal League | To | Debating the Bill for Economic Stimulation via Tax (BEST) |
| Message | more than doubling the tax for essential goods? are you crazy? |
| Date | 11:33:28, July 10, 2008 CET | From | Green, Liberal and Left | To | Debating the Bill for Economic Stimulation via Tax (BEST) |
| Message | In the name of macroeconomic stability some things have to be sacrificed. The resulting economic boom will offset the effect of the tax rise. |
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Voting
| Vote | Seats | ||||
| yes | Total Seats: 0 | ||||
| no |
Total Seats: 199 | ||||
| abstain | Total Seats: 33 |
| Random fact: Jelbic = "Group of cultures with an overall Central Asian/Eurasian steppe theme, using a fictional language developed specifically for Particracy". |
| Random quote: "How many legs does a dog have if you call its tail a leg? Four. Calling a dog's tail a leg does not make it a leg." - Abraham Lincoln |