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Bill: Taxation Reductions
Details
Submitted by[?]: Socjalistyczna Partia wolnościowa
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: September 3605
Description[?]:
| One surefire way to kickstatrt an economy is lower taxes and ramp up spending. Following the key principles of the Modern Monetary Theory (MMT) which states that a privaate (or public sector in our case) cannot save money unless the government is running a deficit because the higher taxation cuts into profits. In addition to running alarger pro-growth deficit than before, our party feels it is neccessary to eliminate some taxes. This should increase consumption and make some goods more affordable to low income families. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 20
Current: 21
Proposed: 0
Article 2
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 2
Current: 10
Proposed: 0
Article 3
Proposal[?] to change Sales tax on luxury goods.
Old value:: 25
Current: 15
Proposed: 0
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes | Total Seats: 505 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
| Random fact: In cases where players have failed to clearly and accurately reference their nation's RP laws in the "Bills under debate" section, Moderation will rule them invalid if a challenge is made to their validity. |
| Random quote: "A people that values its privileges above its principles soon loses both." - Dwight D. Eisenhower |