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Bill: The Fightback (Tax Reform and Reduction) Act
Details
Submitted by[?]: Onafhankelijke Partij voor de Vrijheid
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 4177
Description[?]:
| terugvechten! Given that our surplus has substantially widened following the implementation of the first Fightback Act, a testament to the success of the National Prosperity Agenda being advanced by the Independent Party for Freedom, we now propose a reduction in the Sales Tax. Through this, we aim to encourage consumption, reduce headline inflation and bring a greater quality of life to the people. We estimate that, while this will reduce our surplus (currently 28,620,032,573 VAN, the highest it has been in this party's existence) in the short term, it will contribute to substantial boosts in aggregate demand, and substantial economic growth, such that our future fiscal prudence is confirmed. We do not expect that this policy change will place us in a position of deficit. Fightback, and the National Prosperity Agenda have already proven their success. Let them succeed once more! |
Proposals
Article 1
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 20
Current: 10
Proposed: 16
Debate
These messages have been posted to debate on this bill:
| Date | 22:48:02, March 07, 2017 CET | From | Onafhankelijke Partij voor de Vrijheid | To | Debating the The Fightback (Tax Reform and Reduction) Act |
| Message | Goed nieuws!!! Our esteemed party economists have completed further calculations on this policy, and have found that it will leave us with a budget surplus of 1,430,737,843 VAN. Considering the lack of any expenditure on debt servicing and interest repayments recorded in the Budget, we conclude that we currently have no outstanding debt, and can afford a smaller surplus, particularly given our history of running substantial budget surpluses. Remember - this is only the short term outcome, and we need to consider the jobs and growth that this program will lead to! |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 139 | ||||
| no | Total Seats: 0 | ||||
| abstain | Total Seats: 86 |
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| Random quote: "Impossible is a word to be found only in the dictionary of fools." - Napoleon Bonaparte |