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Bill: Tax Cut of 2930

Details

Submitted by[?]: Federalist Party

Status[?]: defeated

Votes: This bill proposes to change income taxes. 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 2932

Description[?]:

The Federalist Party propose to adjust the government's income tax policy to better address the economic situation of the Republic of Telamon. With a budget surplus of 16.4 billion TPD, we can afford to give a tax cut to the citizens of Telamon.

Proposals

Debate

These messages have been posted to debate on this bill:

Date23:19:27, April 30, 2010 CET
FromLibertarian Party
ToDebating the Tax Cut of 2930
MessageI also propose lowering the > 300,000,000 TPD tax from 40% to 20%. No one makes that much money so it would make no difference, but if we lower the tax giving incentive for people to make more than 15,000, then that will mean more tax income for the government (not that that is our main goal).

Date07:49:37, May 01, 2010 CET
FromTelamon Liberal Party
ToDebating the Tax Cut of 2930
MessageUm... According to our current system we only have a surplus of 3.75 billion, so if you take 7 billion off our taxes then we go into deficit.

Date07:50:05, May 01, 2010 CET
FromTelamon Liberal Party
ToDebating the Tax Cut of 2930
MessageAnd shouldn't be making these decisions as Minister of Finance?

Date18:51:53, May 01, 2010 CET
FromLibertarian Party
ToDebating the Tax Cut of 2930
MessageThen we must cut spending. Cutting taxes allows citizens to purchase their own services rather than the government providing those services for them.

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Voting

Vote Seats
yes
  

Total Seats: 171

no
  

Total Seats: 247

abstain
   

Total Seats: 82


Random fact: When you join the game, you will find yourself with only zero seats. That's because your party's representatives haven't been elected yet. You need to establish your party's position on issues by proposing several bills that your party wants passed and sending them to vote. This raises your visibility and if you do it enough, you will win seats at the next election.

Random quote: "Remember that government doesn't earn one single dollar it spends. In order for you to get money from the government, that money must first be taken from somebody else." - Governor Jesse Ventura

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