We are working on a brand new version of the game! If you want to stay informed, read our blog and register for our mailing list.
Bill: The Common Treasury: April 2136
Details
Submitted by[?]: National People's Gang
Status[?]: defeated
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: February 2139
Description[?]:
| Product generated by the communal application of toil to collective resources is shared by the community in its entirety. |
Proposals
Article 1
| Ministry | Current Budget | Old Budget | Propesed Budget |
| Head of Government | 500,000,000 LOD | 0 LOD | 0 LOD |
| Foreign Affairs | 4,000,000,000 LOD | 0 LOD | 15,000,000,000 LOD |
| Internal Affairs | 6,000,000,000 LOD | 0 LOD | 5,000,000,000 LOD |
| Finance | 1,500,000,000 LOD | 0 LOD | 0 LOD |
| Defence | 11,500,000,000 LOD | 0 LOD | 3,000,000,000 LOD |
| Justice | 5,500,000,000 LOD | 0 LOD | 3,000,000,000 LOD |
| Infrastructure and Transport | 7,500,000,000 LOD | 0 LOD | 5,000,000,000 LOD |
| Health and Social Services | 20,000,000,000 LOD | 0 LOD | 25,000,000,000 LOD |
| Education and Culture | 17,500,000,000 LOD | 0 LOD | 25,000,000,000 LOD |
| Science and Technology | 2,000,000,000 LOD | 0 LOD | 25,000,000,000 LOD |
| Food and Agriculture | 5,000,000,000 LOD | 0 LOD | 25,000,000,000 LOD |
| Environment and Tourism | 500,000,000 LOD | 0 LOD | 5,000,000,000 LOD |
| Trade and Industry | 5,500,000,000 LOD | 0 LOD | 25,000,000,000 LOD |
| Total | 87,000,000,000 LOD | 0 LOD | 161,000,000,000 LOD |
Debate
These messages have been posted to debate on this bill:
| Date | 14:58:25, November 05, 2005 CET | From | International Society of Bankers | To | Debating the The Common Treasury: April 2136 |
| Message | Err. No. |
| Date | 09:54:38, November 06, 2005 CET | From |  Tuesday Is Coming | To | Debating the The Common Treasury: April 2136 |
| Message | A few things. Without a finance ministry, how do you propose to collect this money in taxes. Also, the GDP is 159,477,323,011 LOD, how do you propose to spend 101% of this? Any party that votes to spend money that doesnt exist is just stupid. |
| Date | 10:02:19, November 06, 2005 CET | From | Tuesday Is Coming | To | Debating the The Common Treasury: April 2136 |
| Message | Collecting tax money isnt cheap, I might add. |
| Date | 18:38:17, November 06, 2005 CET | From | Cooperative Commonwealth Federation | To | Debating the The Common Treasury: April 2136 |
| Message | Keynesian deficit financing is a valid strategy, as long as the deficits are balanced out by surpluses in other years, and can actually be a valuable spur to growth. However, we don't see any need for deficit financing at this time, and we don't agree with the spending increases. |
| Date | 23:45:11, November 06, 2005 CET | From | Democractic Socialist Party of Lodamun | To | Debating the The Common Treasury: April 2136 |
| Message | I will not support this. However, if you give funds to the finance ministry and alter it not to create a deficit (possibly by taking money away from the defense ministry *cosmic hint*) you will have my vote. p.s. gow does one create a budget proposal like this? |
| Date | 23:45:21, November 06, 2005 CET | From | Democractic Socialist Party of Lodamun | To | Debating the The Common Treasury: April 2136 |
| Message | I will not support this. However, if you give funds to the finance ministry and alter it not to create a deficit (possibly by taking money away from the defense ministry *cosmic hint*) you will have my vote. p.s. gow does one create a budget proposal like this? |
| Date | 04:21:48, November 07, 2005 CET | From | CNT/AFL | To | Debating the The Common Treasury: April 2136 |
| Message | ((type newspendingbill.php after the main/ part of the URL - I'm too lazy to get a proper link)) |
| Date | 00:52:35, November 10, 2005 CET | From | Tuesday Is Coming | To | Debating the The Common Treasury: April 2136 |
| Message | Here is the "deficit spending" you are proposing. That there is a 100% tax rate on all income in Lodamun, which will bring in 156,255,788,196 LOD, then you spend 161,000,000,000 LOD, and you still have a rather large deficit. You simply cannot spend money that ISNT there. It's not a deficit, there is nowhere to borrow it from. It's spending more money than the Lodamun GDP. That is NOT keynsian in any way. And then there is the problem of tax collection. How are you going to assess a 103% income tax on EVERY citizen of Lodamun without a dime devoted to finance? This is idiocy at its worst. |
| Date | 02:32:02, November 10, 2005 CET | From | Cooperative Commonwealth Federation | To | Debating the The Common Treasury: April 2136 |
| Message | Make no mistake, we strongly oppose this bill. However, it is certainly economically possible to borrow that amount of money from private lenders in Lodamun with invested income (not all money goes out as wages, much lies idle as savings or investments), or even abroad if we want to go into hock to the gnomes of Keymon. It's a dangerous and risky economic strategy which we oppose, and it goes beyond keynesian strategies with the taxation rate, but it's theoretically possible to implement. Lodamun just shouldn't implement it. |
| Date | 23:43:34, November 10, 2005 CET | From | National People's Gang | To | Debating the The Common Treasury: April 2136 |
| Message | Not a penny needs to be borrowed - These spending limits are funded by Smiting the Evil of the Money God April 2136 - http://82.238.75.178:8085/particracy/main/viewbill.php?billid=28707 Bracket Tax Estimated Revenue > 1 LOD 99% 163,129,000,000 LOD Total 163,129,000,000 LOD which leaves an excess of 2,129,000,000 LOD - plenty for a rainy day or emergency spending. |
subscribe to this discussion - unsubscribe
Voting
| Vote | Seats | ||||||
| yes |
Total Seats: 37 | ||||||
| no |
Total Seats: 263 | ||||||
| abstain | Total Seats: 0 |
| Random fact: Jelbic = "Group of cultures with an overall Central Asian/Eurasian steppe theme, using a fictional language developed specifically for Particracy". |
| Random quote: "This administration is not sympathetic to corporations; it is indentured to corporations." - Ralph Nader |