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Bill: Tax reform

Details

Submitted by[?]: Civic Platform

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: December 2167

Description[?]:

...

Proposals

Debate

These messages have been posted to debate on this bill:

Date19:41:29, January 06, 2006 CET
From Zardugal Trade Unionist Party
ToDebating the Tax reform
MessageI dont think the budget can sustain this right now...

Date21:07:55, January 06, 2006 CET
From Republican Party of Zardugal
ToDebating the Tax reform
MessageI would like to hear from our finance minister on that Mr. President. He seems to say we have a surplus. But what he thinks is the way I will vote.

Date21:18:47, January 06, 2006 CET
From Zardugal Trade Unionist Party
ToDebating the Tax reform
MessageOk, basic principle of econ: surplus doesnt last long if there's nothing to bring the surplus in. I'm in favor of reducing taxes on non essential goods, placing more on corporations etc. (Just look at my party name for crying out loud) but the nation has to have a stable econ, enough jobs to go around, and everything else before drastic change occurs.

Date00:26:27, January 07, 2006 CET
From New Daio Party
ToDebating the Tax reform
MessageI don't even need to do the numbers to tell you offhand that this will put us drastically into debt.

But, here's the numbers:

Article 1:
Current Income: 5 billion
Estimated income: 13 billion
Estimated growth impact: - 3-6% (current rate of growth is 9%)

Article 2:
Current Income: 169 billion
Estimated income: 101 billion
Estimated growth impact: <+1%

Article 3:
Current Income: 281 billion
Estimated Income: 135 billion
Estimated growth impact: +2-3%

Total Impact of the proposed bill:
Budget: -222 billion (238 billion, reduction of approximately 51%)
Growth rate: -1% to -4%

Based on the available information, as Minister of Finance, I cannot reccomend this bill.

Date00:40:12, January 07, 2006 CET
From New Daio Party
ToDebating the Tax reform
MessageGenerally speaking, Article 2 and 3 are consistant with what I'd like to do, but I believe that such large drops to government income are far too drastic under the circumstances. However, if it would be preferred by the other parties, I may be able to make an arrangement that could be of eventual benefit.

Date01:13:27, January 07, 2006 CET
From Zardugal Trade Unionist Party
ToDebating the Tax reform
Messagewhat kind of arrangement?

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Voting

Vote Seats
yes
 

Total Seats: 97

no
      

Total Seats: 404

abstain
 

Total Seats: 0


Random fact: Party organizations are eligible for deletion if they are over 50 in-game years old, do not have at least 1 active member or are historically significant and possess historically significant information.

Random quote: "Extremism in the defense of liberty is no vice. Moderation in the pursuit of justice is no virtue." - Barry Goldwater

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