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Bill: Bill SEP-45 Economic Boost Initiative
Details
Submitted by[?]: Progressive Democratic Alliance
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: January 2152
Description[?]:
| Setting a tax on luxury goods to 10% to 5% is brutal and could be disastrous to the economy. If we set higher taxes on goods which consumers buy, they will buy less and less which equates to less money circulating through the economy and our economy slows down considerably. Therefore, to continue providing more freedom to the consumer and the individual and keeping the economy above water, we propose the reduction of the current luxury goods tax to the previous value of 5.00% |
Proposals
Article 1
Proposal[?] to change Sales tax on luxury goods.
Old value:: 10
Current: 40
Proposed: 5
Debate
These messages have been posted to debate on this bill:
| Date | 04:47:02, December 06, 2005 CET | From | Social Democratic Party of Darnussia | To | Debating the Bill SEP-45 Economic Boost Initiative |
| Message | YAY NLA wants to wreck the economy too, be my guest Neo-Liberal Alliance, create a deficit, cut support cuts in tax and the eventual cut in spending, we all know Tories like you want too |
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Voting
| Vote | Seats | |||||
| yes |
Total Seats: 89 | |||||
| no |
Total Seats: 75 | |||||
| abstain |
Total Seats: 37 |
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