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Bill: Sales Tax Cut
Details
Submitted by[?]: Liberal Progressive Alliance
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: February 3865
Description[?]:
| M. Speaker, The ECA proposes a slight decrease in the sales tax on essential goods such as food and non-luxury clothing. Carl Lexington Deputy Leader Eastern-Central Alliance |
Proposals
Article 1
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 25
Current: 5
Proposed: 20
Debate
These messages have been posted to debate on this bill:
| Date | 13:26:59, June 20, 2015 CET | From | Metzian Party of Lodamun | To | Debating the Sales Tax Cut |
| Message | M.Speaker, Carl ,can you elaborate much more,specifically why do we need a tax cut? Tony Leader of UDHFU |
| Date | 13:30:51, June 20, 2015 CET | From | Grand Nationalist Fraction | To | Debating the Sales Tax Cut |
| Message | Mr. Speaker, we agree with UDHFU. What is the stance of the Minister of Finance on this? John Uyttebroeck LNC spokesman |
| Date | 13:48:26, June 20, 2015 CET | From | Liberal Progressive Alliance | To | Debating the Sales Tax Cut |
| Message | M. Speaker, Certainly. We believe a tax cut is necessary purely so these goods are more affordable. These are items that all citizens require to live (such as food, basic clothing etc), and we believe we should lower tax on these goods. According to the national budget, we have a healthy surplus, and the ECA believes a small tax cut in this area would be affordable for the government. I hope that answers the queries of Tony and Mr. Uyttebroeck. Carl Lexington Deputy Leader Eastern-Central Alliance |
| Date | 13:52:36, June 20, 2015 CET | From | Metzian Party of Lodamun | To | Debating the Sales Tax Cut |
| Message | M.Speaker, I'am not at liberty to answer until i hear from the finance minister.But i do think your proposal is not a bad one. Tony Leader of UDHFU |
| Date | 15:35:41, June 20, 2015 CET | From | People of Freedom (P.F) | To | Debating the Sales Tax Cut |
| Message | Mr. Speaker We believe the current rate is FAIR enough. Marc Mekel Leader of the P.F |
| Date | 20:29:56, June 20, 2015 CET | From |  Great National Republican Guard | To | Debating the Sales Tax Cut |
| Message | Mr. Speaker, Reducing sales tax from 25% to 20% will probably result in 6,000,000,000 LOD less revenue. If we're going to cut taxes, we also need to cut spending to avoid going into debt. I wonder what portfolios the opposition wants to cut. Perhaps they should think about this before rushing to support a tax cut. This is nothing but a populist move. -- Kevin Landau, Finance Minister |
| Date | 20:49:56, June 20, 2015 CET | From | United Republics Party | To | Debating the Sales Tax Cut |
| Message | M. Speaker, We can cut from Head of Government, Foreign Affairs, Internal Affairs, Finance, Defence, Justice, Infrastructure and Transport, Health and Social Services, Education and Culture, Science and Technology, Food and Agriculture, Environment and Tourism, andTrade and Industry. Nethuss Moctos URP Leader |
| Date | 21:48:30, June 20, 2015 CET | From | Great National Republican Guard | To | Debating the Sales Tax Cut |
| Message | Mr. Speaker, What is this man doing in the Presidium? Wasn't he banned from politics? -- Trevor Fertig, Chairman of the GNRG, Vice President of GDR Lodamun |
| Date | 03:09:51, June 21, 2015 CET | From | Liberal Progressive Alliance | To | Debating the Sales Tax Cut |
| Message | M. Speaker, It will result in less revenue, but this will be made up for after the retirement age is raised to 65. Carl Lexington Deputy Leader Eastern-Central Alliance |
| Date | 04:18:49, June 21, 2015 CET | From | Great National Republican Guard | To | Debating the Sales Tax Cut |
| Message | Mr. Speaker, Our revenue is between 106,000,000,000 LOD and 107,000,000,000 LOD at the moment. I would like Carl Lexington to give an estimate of how much he expects revenue to be if the retirement age is raised to 65. If the retirement age is raised, and if the revenue does not go above 107,000,000,000 LOD or close to Carl Lexington's prediction, he would be doing the country a favour by retiring from politics. -- Kevin Landau, Finance Minister |
| Date | 06:23:42, June 21, 2015 CET | From | Liberal Progressive Alliance | To | Debating the Sales Tax Cut |
| Message | M. Speaker, It really is very simple. 1.) We drop the sales tax rate from 25% to 20%. 2.) We save money from not having to issue superannuation payments until citizens reach the age of 65. 3.) We cut spending in Trade and Industry. It is useless putting as much as 10,000,000,000 LOD into this ministry when we have 0 exports. These three steps will lead to a stronger economy, and more affordable essential goods for citizens and their families. The suggestion that I should retire from politics is hilarious coming from the GNRG. How old is your leader now? 100? 150? I think the GNRG need to look at themselves in the mirror. Carl Lexington Deputy Leader Eastern-Central Alliance |
| Date | 06:42:44, June 21, 2015 CET | From | Great National Republican Guard | To | Debating the Sales Tax Cut |
| Message | Mr. Speaker, Carl Lexington knows nothing about the economy. -- Kevin Landau, Finance Minister |
| Date | 07:12:01, June 21, 2015 CET | From | Liberal Progressive Alliance | To | Debating the Sales Tax Cut |
| Message | M. Speaker, I seems that the minister is concerned that revenue will not exceed 107,000,000,000 LOD. I can give my absolute unconditional assurance to the presidium that if the above 3 steps are put into place, revenue will exceed 107,000,000,000 comfortably. Kevin Landau knows nothing about the economy. There is so much unnecessary spending in the national budget. It really needs a complete overhaul, but these 3 steps the ECA is proposing will serve our economy well in the meantime. The GNRG has held the Finance Ministry for far too long, and it shows. Carl Lexington Deputy Leader Eastern-Central Alliance |
| Date | 07:49:42, June 21, 2015 CET | From | Great National Republican Guard | To | Debating the Sales Tax Cut |
| Message | Mr. Speaker, Another party made similar claims almost 2 centuries ago. We have the records of events and economic statistics: http://classic.particracy.net/viewbill.php?billid=410175 The other party claimed that we would see a better economy by cutting taxes and cutting spending. We did not see a better economy. Instead, Consumption per capita rose by only 40 LOD while our GDP per capita fell by 200 LOD. When my forefather Benjamin Landau took power soon after, he reversed the nonsensical liberal reforms and brought Lodamun back to being the economic power it was before the reforms. The statistics are all there for MPs to see for themselves. We will not turn Lodamun's economy into some testing ground for Carl Lexington's dangerous economic experiments. Without raising taxes, no government can get Lodamun's revenue to go above 107,000,000,000 LOD with the current population. If the ECA comes to power as a part of a coalition, and manages to direct the nation's financial policies, I can assure the Presidium that they cannot get the revenue to "exceed 107,000,000,000 LOD comfortably" as Carl Lexington claims - unless there is some change in the population, or unless we have ridiculous tax increases. -- Kevin Landau, Finance Minister |
| Date | 08:12:22, June 21, 2015 CET | From | Metzian Party of Lodamun | To | Debating the Sales Tax Cut |
| Message | M.Speaker, I do not agree on raising the retirement age,and increasing unemployment.So i oppose this bill,since it is expected to be a outcome of the former statements. Tony Leader of UDHFU |
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Voting
| Vote | Seats | |||||
| yes | Total Seats: 248 | |||||
| no |
Total Seats: 351 | |||||
| abstain | Total Seats: 0 |
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