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Bill: Act Closing the Budget Deficit

Details

Submitted by[?]: Radical Freedom 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: July 2137

Description[?]:

The Minister of Finance proposes to raise sales tax on luxury items to compensate for a deficit in the government budget, which currently amounts to 340,029,797 RUT. It is the opinion of the Finance Minister that the government should not run a deficit.

Proposals

Debate

These messages have been posted to debate on this bill:

Date14:09:52, November 05, 2005 CET
FromRadical Freedom Party
ToDebating the Act Closing the Budget Deficit
MessageI realise that some of the Rt. Hon. members of the opposition will be crying foul over the fact that this proposal raises taxes. I would like to point out that the Daatman administration has accomplished a real and tangible lowering of income taxes previously.

This bill is needed because Rutania can't afford to run up a national debt. The Minister of Finance is open to all proposals from this house on making the finances of our Federated States more sound in the long term, but still urges all parties to be responsible and endorse this emergency escape valve.

The Finance Ministry conciously did *not* choose to raise income taxes to avoid a burden on all Rutanians. This proposal will instead target luxury consumer goods.

Date14:53:14, November 05, 2005 CET
FromLibertarian Alcoholic Party II
ToDebating the Act Closing the Budget Deficit
MessageOr, since we've just voted to privatise defence industries and deregulate arms trading, we could huge cuts in the egregious defence budget. Who knows, we might even be able to lower some taxes instead of raise them.

Date14:53:46, November 05, 2005 CET
FromLibertarian Alcoholic Party II
ToDebating the Act Closing the Budget Deficit
MessageOr, since we've just voted to privatise defence industries and deregulate arms trading, we could make huge cuts in the egregious defence budget. Who knows, we might even be able to lower some taxes instead of raise them.

Date14:53:55, November 05, 2005 CET
FromLibertarian Alcoholic Party II
ToDebating the Act Closing the Budget Deficit
Messageoops.

Date16:17:21, November 05, 2005 CET
FromRadical Freedom Party
ToDebating the Act Closing the Budget Deficit
MessageCurrently I am not so sure about that, and if the acts pass then it will take a while for them to take effect. However, if we run a surplus again, I'll be the first to propose lowering spending.

Date20:43:14, November 05, 2005 CET
From RSDP - Democratic Front
ToDebating the Act Closing the Budget Deficit
MessageWe will support this taxation bill.

Date23:50:22, November 05, 2005 CET
FromLiberal Imperialist Party
ToDebating the Act Closing the Budget Deficit
MessageNo. We dont trust the "Progressive" parties not to use that as an excuse to cut active forces. We are against this bill, however, as we can simply cut the health and education budges since our health and education systems are private anyway.

Date11:54:11, November 06, 2005 CET
From Freedom Party
ToDebating the Act Closing the Budget Deficit
MessageWell it seems the Finance Minister was responsible for our budget deficit by implementing their tax proposal when our old tax system had lower taxes and got more money in,

Date12:04:42, November 06, 2005 CET
From RSDP - Democratic Front
ToDebating the Act Closing the Budget Deficit
MessagePerhaps we should cut defence spending? But we all know the nationalist party prefers things such as the military and warfare over health care and education. :rolleyes:

Date13:55:48, November 06, 2005 CET
FromRadical Freedom Party
ToDebating the Act Closing the Budget Deficit
MessageI must contest that statement made by the Freedom party. The flat rate had a much lower tax free foot and a higher base rate. For most people, the flat rate system asked for more taxes. It is true that the progressive system cut taxes, however the current small deficit can be attributed to an economic downturn.

Raising the luxury tax will compensate for this gap, and we feel that taxing consumption is fairer anyway than taxing labor.

The Finance ministry will consider a seperate spending bill.

Date16:06:08, November 06, 2005 CET
FromLibertarian Alcoholic Party II
ToDebating the Act Closing the Budget Deficit
MessageYeah actually. The RFP must reduce spending on all private sector industries to 0 as soon as possible.

Date16:24:57, November 06, 2005 CET
From RSDP - Democratic Front
ToDebating the Act Closing the Budget Deficit
MessageWe will not support the reducing of spending on all private sector industries to 0, we still need an administration for the few public initiatives the State is still allowed to take and for guaranteeing the "voucher" systems.

Date00:08:43, November 07, 2005 CET
From Freedom Party
ToDebating the Act Closing the Budget Deficit
MessageVoucher systems and health systems require some spending, but if we were to take the base of public education and health care at 4 each, then i think cutting them to 3 or 2 due to their private nature is fair

Date21:36:13, November 07, 2005 CET
FromLiberal Imperialist Party
ToDebating the Act Closing the Budget Deficit
Message"Perhaps we should cut defence spending? But we all know the nationalist party prefers things such as the military and warfare over health care and education. :rolleyes:"

People pay for education and health ourselves. That's how the law works in Rutania right now. Why should the government spend on services it isnt providing and hand the tax payer the bill? You really arent very intelligent, are you.

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Voting

Vote Seats
yes
   

Total Seats: 327

no
   

Total Seats: 208

abstain
  

Total Seats: 64


Random fact: Whilst the use of non-English languages can be appropriate for nation names, party names, constitutional titles and other variables, English is the official language of communication in the game. All descriptive texts and public communications should be in English or at least appear alongside a full English translation.

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