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Bill: Thomas Thule Rule

Details

Submitted by[?]: Unionen av Frihet

Status[?]: defeated

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: May 3463

Description[?]:

The Thule rule States that no tax should be above 25%. While the UF cannot control income taxes, we can put forth an effort to reduce the corporate tax. Kazulia has the 13th highest corporate tax in Terra! This is not a business friendly environment. If we want everyone to have a job, if we want Kazulia to be the number 1 job creating country in Terra, we must pass this bill. Only costs 3.5 billion.

Proposals

Debate

These messages have been posted to debate on this bill:

Date22:04:42, March 30, 2013 CET
FromLeague of Justice
ToDebating the Thomas Thule Rule
MessageWhat would you finance it with? - We have a budget deficit at the time and can not afford a tax decrease, besides lowering the corporation tax is not the smartes way of creating jobs and growth, it would be smarter to lower the consumer prizes.

Date22:49:14, March 30, 2013 CET
FromUnionen av Frihet
ToDebating the Thomas Thule Rule
MessageSadly we cannot finance this, but the Retsforbundets tax plan was not fully payed for either. We do not need the smartest way of creating jobs growth, just a way to create jobs growth, and this is a very good way. All company's want to make more money. If we lower their taxes we can do so and they will hire more workers and those workers will become active in the economy and his will start a chain reaction. As you see our cuts are not outrageous, merely a 5% cut that only costs 3.5 billion dollars. In comparison the education budget is about 28x that size. Again we are currently in the top 13 nations for highest corporate tax rate. There are about 40 nations that have lower corporate taxes than us. We need to be an attractive place to do business and currently we are not. We do not think 25% is outrageously low and we hope all parties join us in support for this bill.

Date23:02:52, March 30, 2013 CET
FromLeague of Justice
ToDebating the Thomas Thule Rule
MessageWe know and that why we are trying to make things better in our new budget proposal.
We should of course lower taxes in the smartest way because the smartest way will ensure more growth and jobs to Kazulia. Retsforbundet changed the corporation tax from 60 or 65% to 30% and we do not see any reason in changing this right now.

Date23:04:38, March 30, 2013 CET
FromLeague of Justice
ToDebating the Thomas Thule Rule
MessageAnd we will under no circumstances vote yes to unfinanced tax cuts.

Date23:10:26, March 30, 2013 CET
FromUnionen av Frihet
ToDebating the Thomas Thule Rule
MessageWith all due respect didn't you vote yes for your tax plan? So maybe one or two circumstances :)

Date23:15:04, March 30, 2013 CET
FromLeague of Justice
ToDebating the Thomas Thule Rule
MessageI do know that, but I made a wrong estimate, I thought there would be no budget deficit. I have after all made some adjustments in the budget now.

Date23:17:06, March 30, 2013 CET
FromUnionen av Frihet
ToDebating the Thomas Thule Rule
MessageAnd we thank you for those adjustments and your criticisms of this bill aren't unreasonable.

Date03:02:42, March 31, 2013 CET
FromLogisk Synspunkt
ToDebating the Thomas Thule Rule
MessageWe can make a quick adjustment later by cutting some out of trade and industry because that section doesn't need as much money now that the privatization bill has enough votes to pass.

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Voting

Vote Seats
yes
   

Total Seats: 94

no
    

Total Seats: 115

abstain
 

Total Seats: 41


Random fact: Players have a responsibility to differentiate between OOC (out-of-character) and IC (in-character) behaviour, and to make clear when they are communicating in OOC or IC terms. Since Particracy is a role-playing game, IC excesses are generally fine, but OOC attacks are not. However, players must not presume this convention permits them to harass a player with IC remarks that have a clear OOC context.

Random quote: "It is the hallmark of great society to debate and disagree without resorting to violence." - Mathew Jameson, former Hutorian politician

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