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Bill: Addressing the Debt Issue
Details
Submitted by[?]: Parti Nationaliste 🌞
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: November 3811
Description[?]:
| Rildanor's GDP is up from 720B RCR to 820B RCR due to the modification of income taxes. Because of the modified income tax rates, an increase in investments and consumption was registered.. However, we are still facing the problem of 20 billion RCR debt. The PN is proposing to bring back the 50% luxury and corporation taxes as this does not influence the GDP directly if you will see the Budget details. Other parties may propose their plan. Valentin Hurel Finance Minister |
Proposals
Article 1
Proposal[?] to change Sales tax on luxury goods.
Old value:: 25
Current: 25
Proposed: 50
Debate
These messages have been posted to debate on this bill:
| Date | 06:57:11, March 05, 2015 CET | From | Poigne de Fer du Tout-Puissant | To | Debating the Addressing the Debt Issue |
| Message | We believe this will hurt the economy badly. |
| Date | 08:02:40, March 05, 2015 CET | From |  Parti Nationaliste 🌞 | To | Debating the Addressing the Debt Issue |
| Message | We have implemented this before. Sales taxes does not influence Rildanor's GDP that much unlike income taxes. |
| Date | 00:44:29, March 06, 2015 CET | From | Parti Nationaliste 🌞 | To | Debating the Addressing the Debt Issue |
| Message | I am calling all colleagues to support raising taxes except income taxes. This is the only way besides increasing corporation taxes (or nationalizing them by taxing 100%) and sales taxes which will never affect our GDP. Valentin Hurel Finance Ministre |
| Date | 08:56:01, March 06, 2015 CET | From | Parti Nationaliste 🌞 | To | Debating the Addressing the Debt Issue |
| Message | If this tax bill fails to pass, we are expecting the Conservative coalition to fix our country's economy as soon as possible. Valentin Hurel Former Finance Ministre |
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Voting
| Vote | Seats | ||
| yes | Total Seats: 42 | ||
| no | Total Seats: 37 | ||
| abstain | Total Seats: 21 |
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