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Bill: Tax Relief Act of 3094
Details
Submitted by[?]: Christian Democratic 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: August 3095
Description[?]:
| After checking the budget recently, it became apparent of a rather large surplus. We find no need to unnecessarily tax the people when the tax rates could be lowered. We believe everyone can agree to lower taxes on essential goods. We chose to lower it to 1% instead of 0% to still keep some revenue coming in from that sector. As for the corporate tax, we know some parties will have issues with that. By lowering the high tax on corporations, we hope to urge more business growth. Hopefully in the future the corporate tax and the tax on luxury goods will be lowered, but will have to wait and see how the economy fairs after a new set of taxes. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 49
Current: 25
Proposed: 45
Article 2
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 15
Current: 5
Proposed: 10
Article 3
Proposal[?] to change Sales tax on luxury goods.
Old value:: 50
Current: 25
Proposed: 45
Debate
These messages have been posted to debate on this bill:
| Date | 22:55:57, March 23, 2011 CET | From |  New Aloria Party (NAP) | To | Debating the Tax Relief Act of 3094 |
| Message | I think 1 might be to low, I support five. However I'll support this I'm glad were taking steps to lower the corporation tax it does spur job growth. Thank you. |
| Date | 23:05:45, March 23, 2011 CET | From | Christian Democratic Party | To | Debating the Tax Relief Act of 3094 |
| Message | We have restructured the bill after some more thought. We kept the corporate tax rate at the same proposed level. We added a 5% reduction to taxes on both essential and luxury goods, as we believe this to be a better balance. This Bill serves as a good alternative to the one proposed by the Labour party, in which taxes were being raised on corporations, despite a surplus existing currently. |
| Date | 23:14:08, March 23, 2011 CET | From | New Aloria Party (NAP) | To | Debating the Tax Relief Act of 3094 |
| Message | We thank the CDP for adjusting the bill and looking for a compromise. We support this bill fully. |
| Date | 07:44:14, March 24, 2011 CET | From | Labour Party | To | Debating the Tax Relief Act of 3094 |
| Message | This is not a better alternative! You are letting off big business lightly! |
| Date | 07:44:20, March 24, 2011 CET | From | Labour Party | To | Debating the Tax Relief Act of 3094 |
| Message | This is not a better alternative! You are letting off big business lightly! |
| Date | 22:22:34, March 24, 2011 CET | From | Revolutionary Worker's Party | To | Debating the Tax Relief Act of 3094 |
| Message | We agree with the Labour Party. The profits of companies result from the exploitation of it's workers, and as such, they should be highly taxed, so that the money can be used to serve everyone. |
| Date | 22:44:53, March 24, 2011 CET | From | New Aloria Party (NAP) | To | Debating the Tax Relief Act of 3094 |
| Message | "I would like to point out if compaines have no money they cant pay their workers or hire new people. How does a higher tax on businsses help create jobs?" |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 388 | |||
| no |
Total Seats: 198 | |||
| abstain |
Total Seats: 164 |
| Random fact: In Culturally Protected nations, it is the responsibility of players to ensure the candidate boxes on their Party Overview screens are filled in with appropriate names. If a player is allotted seats in a Cabinet bill and has not filled in names for the relevant candidate position, then the program will automatically fill in the positions with names which might not necessarily be appropriate for the Cultural Protocols. |
| Random quote: "An economist is a surgeon with an excellent scalpel and a rough-edged lancet, who operates beautifully on the dead and tortures the living." - Nicholas Chamfort |