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Bill: Óbein Skattabreyting (Indirect Tax)
Details
Submitted by[?]: Lýðveldisflokkurinn (Republican Party)
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: April 4412
Description[?]:
| In line with the recent income tax changes we proposed altering the indirect tax policy to encourage domestic spending and economic growth. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 50
Current: 45
Proposed: 30
Article 2
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 50
Current: 7
Proposed: 20
Article 3
Proposal[?] to change Sales tax on luxury goods.
Old value:: 50
Current: 27
Proposed: 35
Debate
These messages have been posted to debate on this bill:
| Date | 15:47:26, June 20, 2018 CET | From | Lýðveldisflokkurinn (Republican Party) | To | Debating the Óbein Skattabreyting (Indirect Tax) |
| Message | The current rates of tax for Corporation Tax, Essential Goods Tax and Luxury Goods Tax are all at a 50% rate. These rates are very high. The Corporation Tax rate is the 4th highest in the world (24 nations have a 0% rate), Essential Goods is the highest and the Luxury Goods is joint highest (with five other nations). We should be looking to stimulate domestic consumption and encourage business to locate and grow in Telamon. |
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Voting
| Vote | Seats | |
| yes | Total Seats: 64 | |
| no | Total Seats: 0 | |
| abstain |
Total Seats: 59 |
| Random fact: It is possible for a player to transfer ownership of a character or a royal house to another player. This should be done in a public way, such as on the Character Transfers thread, so that if a dispute arises in the future, Moderation can be pointed towards evidence of the transfer. |
| Random quote: "I've noticed that everybody that is for abortion has already been born." - Ronald Reagan, quoted in New York Times, 22 September 1980 |