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Bill: Luxury Stimulus Act
Details
Submitted by[?]: Holy Eliyahu Confession
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: September 2646
Description[?]:
| a bill to remove the governments surplus by lowering taxation on luxury goods, which in turn will help stimulate the Lodamuni economy. |
Proposals
Article 1
Proposal[?] to change Sales tax on luxury goods.
Old value:: 15
Current: 25
Proposed: 10
Debate
These messages have been posted to debate on this bill:
| Date | 00:25:37, October 03, 2008 CET | From | United Republics Party | To | Debating the Luxury Stimulus Act |
| Message | I support, but need to think about this more. Perhaps a post on the impact on the overall budget? |
| Date | 01:39:04, October 03, 2008 CET | From | Holy Eliyahu Confession | To | Debating the Luxury Stimulus Act |
| Message | this would cut our national income proceeds by aproximately 8.5 billion LOD, which removes almost all of our excess surplus. With corporate taxes eliminated this leaves income tax as the primary form of government income. |
| Date | 01:56:50, October 03, 2008 CET | From | The Liberal Party | To | Debating the Luxury Stimulus Act |
| Message | If it reduces our revenue that much then we will be in deficit spending. Our current surplus is barely over 7.5 billion LOD. We woul like to alert all parties to please reconsider this bill. A deficit is the last thing we need in this country. |
| Date | 03:29:53, October 03, 2008 CET | From | Holy Eliyahu Confession | To | Debating the Luxury Stimulus Act |
| Message | perhaps the Liberals would note that we have run a surplus of over 20 billion LOD for several years? |
| Date | 05:01:21, October 03, 2008 CET | From | The Liberal Party | To | Debating the Luxury Stimulus Act |
| Message | Not quite. We have run surpluses like that for some months are a time. There is no need to be in deficit spending, that is irresponsible and wrong. Management. management, management. That's what we have always advocated and thanks to us, this country hasn't seen a deficit in over one hundred years. |
| Date | 22:29:18, October 03, 2008 CET | From | Holy Eliyahu Confession | To | Debating the Luxury Stimulus Act |
| Message | Then the government should consider cutting spending to pay for this tax cut. |
| Date | 00:30:51, October 04, 2008 CET | From | The Liberal Party | To | Debating the Luxury Stimulus Act |
| Message | Not giving the tax cut would be a good idea as well. |
| Date | 06:29:05, October 04, 2008 CET | From | Holy Eliyahu Confession | To | Debating the Luxury Stimulus Act |
| Message | Apparently the Liberals are the only ones who seem to think that way. |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 96 | ||||
| no |
Total Seats: 22 | ||||
| abstain | Total Seats: 32 |
| Random fact: You can view helpful ideological statistics about the regions in your nation on the region pages. You can also view detailed political opinions and the importance of them there as well. |
| Random quote: "We never know the worth of water 'til the well is dry." - Thomas Fuller |