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Bill: Tax Simplification Act

Details

Submitted by[?]: Partidul Anarhist

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 3017

Description[?]:

Income taxes bring in hardly any revenue anyway.

Proposals

Debate

These messages have been posted to debate on this bill:

Date08:35:03, October 18, 2010 CET
FromPartidul Liberal
ToDebating the Tax Simplification Act
Message100% support.

Date05:59:30, October 19, 2010 CET
FromPartidul Aristocraţie
ToDebating the Tax Simplification Act
MessageThe corporation profits tax brings in approximately 10% of the annual budget of the nation. Right now we're very close to a balanced budget, running a 90 billion NED deficit (out of a 4.5 trillion NED total). The corporate tax brings in 442 billion. If this passes (actually, given the current votes, _when_ this passes) the deficit will jump to about 532 billion, which will be an appreciable fraction of the total.

Date09:02:37, October 19, 2010 CET
FromPartidul Anarhist
ToDebating the Tax Simplification Act
MessageI considered partially making up the revenue by adjusting the sales tax, but I do not doubt that we can find $500 billion to cut from our bloated $5 trillion budget.

Date23:35:36, October 19, 2010 CET
FromPartidul Aristocraţie
ToDebating the Tax Simplification Act
MessageFair enough. Just be aware of it. :D

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Voting

Vote Seats
yes
   

Total Seats: 430

no
   

Total Seats: 304

abstain
 

Total Seats: 16


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