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Bill: Inheritance Tax Reform
Details
Submitted by[?]: Luthori Workers' Committee
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: January 4373
Description[?]:
| This proposal shall increase government revenue and help to reduce wealth inequality in our society. An inheritance tax would also have a beneficial effect on the economy. Inheritance without taxation weakens the beneficiary’s incentive to work, tempting young inheritors to exit the productive workforce. The tax strengthens this incentive to become a productive member of the workforce. |
Proposals
Article 1
Proposal[?] to change The government's policy on inheritance
Old value:: There are no regulated inheritance laws, inheritance is only regulated by the will of deceased.
Current: There is a regulated inheritance law, private regulation of inheritance is allowed but also regulated.
Proposed: There is a regulated inheritance law, private regulation of inheritance is allowed but also regulated.
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |||
| yes | Total Seats: 198 | |||
| no |
Total Seats: 305 | |||
| abstain |
Total Seats: 162 |
| Random fact: RP laws follow the same passing rules as in-game variable laws. Laws that are not of a constitutional nature require a simple majority "Yes" vote from active parties currently holding seats. Laws that are of a constitutional nature require a 2/3 majority "Yes" vote from active parties currently holding seats. RP laws may be abolished a simple majority vote this applies to ANY RP law. |
| Random quote: "Democracy is in peril." - Ralph Nader (referring to turnout in the 1996 US presidential election) |