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Bill: Luxury Goods Tax Act
Details
Submitted by[?]: Uniunea Hosia Democrată
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 4114
Description[?]:
| Mr. Speaker, We have succeeded in increasing funding significantly for our public services, but we need to go much further still, since they are still being massively under-invested in. An increase in Luxury Goods Tax would raise significant revenue to help us achieve this. This would also be a fair tax, since it would target the rich instead of the poor, and only those who voluntarily choose to purchase luxury goods would be affected. Lucian Petrescu Chairman of the Hosian Democratic Union Minister of Justice |
Proposals
Article 1
Proposal[?] to change Sales tax on luxury goods.
Old value:: 25
Current: 0
Proposed: 40
Debate
These messages have been posted to debate on this bill:
| Date | 23:36:09, October 30, 2016 CET | From | Demokratikus Liberális Párt | To | Debating the Luxury Goods Tax Act |
| Message | Mr. Speaker, We wouldn't necessarily be against this if it was combined with sharply reduced income taxes. Consumption taxes are the future of modern day economics - income taxes belongs in the fourth millennium. Sándor Magyar DLP Parliamentary group leader (and Bachelor of Economics) |
| Date | 23:39:00, October 30, 2016 CET | From | Partidul Social Democrat | To | Debating the Luxury Goods Tax Act |
| Message | Mr Speaker, The only thing around here that belongs in the fourth millennium is the views of the DLP. Ike Taro Head of Strategy Partidul Social Democrat |
| Date | 00:24:55, October 31, 2016 CET | From | Partidul Poporului Noului Endralon | To | Debating the Luxury Goods Tax Act |
| Message | Mr. Speaker, This is unacceptable and if It passes we will leave the coalition. We cannot stand idly by and let the government tax normal everyday products 40% tax on it. Think about it! A product of 20 NED will now get an vallue added of around 8 NED. A computer of 200 NED will cost 280 NED. This will make ''luxury'' products only for the privileged few. So much for equality. Henrik Hunyad Leader of the NEPP |
| Date | 00:28:21, October 31, 2016 CET | From | Partidul Poporului Noului Endralon | To | Debating the Luxury Goods Tax Act |
| Message | Mr. Speaker, As Minister of Finance I highly object to all these proposals from a collegue who isnt even in the Assembly but in the government. The Minister of Justice should know his place and propose Justice related reforms not meddle in MY department. Secondly we can see he has no understanding of what this is. This does NOT target the rich. ''Luxury'' goods are ALL goods that are not medicine, food and other neccessities. Clothing, housing, furniture, televisions, phones are all luxury goods. This will hurt the poorest of incomes, and they call my party inconsiderate.. József Czinege Minister of Finance NEPP |
| Date | 00:30:27, October 31, 2016 CET | From | Uniunea Hosia Democrată | To | Debating the Luxury Goods Tax Act |
| Message | Mr. Speaker, I urge the NEPP to put the interests of the country and of stable government first, and not desert the coalition at this delicate time. Bear in mind the Confederation is one of the least taxed places in Terra; government spending makes up less than 23% of GDP. There is no intention here to move towards a socialist, state-controlled economy. What we are aiming at is a fairer economy with better public services and infrastructure systems for us all. Lucian Petrescu Chairman of the Hosian Democratic Union Minister of Justice |
| Date | 00:31:38, October 31, 2016 CET | From | Partidul Social Democrat | To | Debating the Luxury Goods Tax Act |
| Message | Mr Speaker, The sheer irony of the NEPP accusing us of working for a privileged few beggars belief! Cezar Fieraru Finance Spokesperson Partidul Social Democrat |
| Date | 00:53:54, October 31, 2016 CET | From | Partidul Poporului Noului Endralon | To | Debating the Luxury Goods Tax Act |
| Message | Mr. Speaker, A fairer system we could discuss thats not the issue. The issue is that the parties who support this dont understand what luxury VAT is and who pays for it. It isnt gold or diamonds alone, its cars, clothing, furniture, games, gear for sports, sunglasses, phones, computers, paper, printers, etc. Ordinary people will be affected heavely and the Social democrats laugh it off and the Hosian Democrats carry on with their spending spree. I wish to state the fact that we are dismayed that the Minister of Justice still lacks the knowledge of his place in this cabinet. Seems he thinks finance falls within the Justice department. József Czinege Minister of Finance NEPP |
| Date | 00:58:23, October 31, 2016 CET | From | Partidul Social Democrat | To | Debating the Luxury Goods Tax Act |
| Message | OOC: Can I get some actual clarification on what luxury goods tax is? I always presumed it meant luxury goods only, not all non-essential goods. |
| Date | 01:00:54, October 31, 2016 CET | From | Uniunea Hosia Democrată | To | Debating the Luxury Goods Tax Act |
| Message | OOC: I guess there is no precise/exact definition...but this is interesting: https://en.wikipedia.org/wiki/Luxury_tax |
| Date | 01:03:38, October 31, 2016 CET | From | Uniunea Hosia Democrată | To | Debating the Luxury Goods Tax Act |
| Message | Mr. Speaker, If the Finance Minister would like to take my place in proposing and arguing for this bill, then I would be very happy to step back and allow him to do so. Lucian Petrescu Chairman of the Hosian Democratic Union Minister of Justice |
| Date | 01:03:47, October 31, 2016 CET | From | Partidul Poporului Noului Endralon | To | Debating the Luxury Goods Tax Act |
| Message | OOC: Luxury goods are non-essential goods. Everything that is non-essential is a luxury. The word luxury does not mean riches, it means its a luxury to have in the sense of your existance. You dont need a car to live, nor a sofa or a chair or a phone or sheets or pillows etc. You only need food and medicine. https://en.wikipedia.org/wiki/Luxury_tax: A luxury tax is a tax on luxury goods: products not considered essential. |
| Date | 01:04:53, October 31, 2016 CET | From | Partidul Poporului Noului Endralon | To | Debating the Luxury Goods Tax Act |
| Message | Mr. Speaker, We wont because we do not support it and this bill doesnt officialy come from the government. The bil is not supported by it nor is it supported by my ministery. József Czinege Minister of Finance NEPP |
| Date | 01:17:53, October 31, 2016 CET | From | Partidul Social Democrat | To | Debating the Luxury Goods Tax Act |
| Message | OOC: I would have to say that luxury is not the same as non-essential; luxury really means extravagant. I don't think luxury goods tax would be applied to paper and printers, for example. It's a difficult one but I am going to take the interpretation to mean actually luxury goods so sports cars, jewellery, plasma tvs etc. |
| Date | 01:31:10, October 31, 2016 CET | From | Uniunea Hosia Democrată | To | Debating the Luxury Goods Tax Act |
| Message | OOC: I guess itt depends how one chooses to define it. One general observation I would make though is that if you look at the economics pages on nation pages, where essential goods tax and luxury goods tax are the same, essential goods tax usually nets about a third more revenue than luxury goods tax. For example, see Darnussia: http://classic.particracy.net/budget.php?nationid=13 Although what one wants to make of that, I dunno... |
| Date | 07:45:45, October 31, 2016 CET | From | Partidul Poporului Noului Endralon | To | Debating the Luxury Goods Tax Act |
| Message | OOC: Non-essentials are luxuries as you dont need them to be alive. All nations have them, none exist of my knowledge that focuses specificly on luxuries. Thirdly under what would the non-essentials that are not "luxuries" fall under? Essential goods tax brings more in because more people by essential goods. Its a near daily expense. I stick with my interpertation |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 294 | ||||
| no |
Total Seats: 307 | ||||
| abstain | Total Seats: 0 |
| Random fact: Google Translate can help you with those language translations: https://translate.google.com/ |
| Random quote: "Politics have no relation to morals." - Niccolo Machiavelli |