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Bill: Tax Shift Act
Details
Submitted by[?]: Kundrati Reform Party
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: May 2685
Description[?]:
| An act to shift taxation from production and work (things we want) to consumerism (things we dont want). |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 20
Current: 45
Proposed: 10
Article 2
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 0
Current: 6
Proposed: 5
Debate
These messages have been posted to debate on this bill:
| Date | 17:41:32, December 22, 2008 CET | From | Evangelium Vitae Party | To | Debating the Tax Shift Act |
| Message | Mr. Speaker; The EV party sees it as a benefit to promote the sales of essential goods through having no taxation upon them. I yield the floor. |
| Date | 21:33:28, December 22, 2008 CET | From | Kundrati Reform Party | To | Debating the Tax Shift Act |
| Message | Mr Speaker, We need to work our way down to being the most tax competitive nation on the planet. This way, we can create many new jobs and create more revenue from other taxes. As it stands, consumption is more than 70% of our nation's GDP. A five percent sales tax, which is very little, will help people who spend too much cut back and invest. I yield the floor. |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 195 | ||||
| no |
Total Seats: 29 | ||||
| abstain | Total Seats: 76 |
| Random fact: Check out the forum regularly for game news. http://forum.particracy.net/ |
| Random quote: "Real politics is the possession and distribution of power." - Benjamin Disraeli |