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Bill: Government's 2 year plan for Economic Growth
Details
Submitted by[?]: Conservative Renew
Status[?]: defeated
Votes: This bill proposes to change income taxes. It requires more than half of the legislature to vote yes. This bill will pass as soon as the required yes votes are in, or will be defeated if unsufficient votes are reached on the deadline.
Voting deadline: October 4560
Description[?]:
| This proposal is two pronged and will provide a skyrocket to the economy. If passed the massive budget surplus will ensure that no debt is incurred for two years. To be clear, this is a two year plan at the end of two years in the year 4562 a referendum will be had to incorporate a 6% National General Sales Tax. If the referendum fails then the 18% Income Tax will be reinstated. This vote is to instate a 0% Income Tax and placing the 6% Sales Tax on the next General Election which is currently set for April 4562 Archibald Salvo II Minister of Finance |
Proposals
Article 1
We propose to alter income tax brackets to the following setup. Information about the current income tax system can be found here.
| Bracket | Tax | Estimated Revenue |
| > 12,000,000 GAD | 1% | 0 GAD | Total | 0 GAD |
Debate
These messages have been posted to debate on this bill:
| Date | 00:16:22, April 13, 2019 CET | From | Libertarian Socialist Party (LSP/PSL) | To | Debating the Government's 2 year plan for Economic Growth |
| Message | So, taking from the poor and giving to the rich?Like that will help the economy.The rich won’t use their money, maybe spend it on more useless things.The poor and middle classes will actually use their money therefore running the economy. Josè Dias September 4559 Leader of the Opposition |
| Date | 01:05:31, April 13, 2019 CET | From | Gaduridos Freedom Party | To | Debating the Government's 2 year plan for Economic Growth |
| Message | What on earth are you doing? Domenico Rodriguez Gaduridos Freedom Party Leader |
| Date | 01:05:48, April 13, 2019 CET | From | Gaduridos Freedom Party | To | Debating the Government's 2 year plan for Economic Growth |
| Message | OOC: To SCP |
| Date | 01:10:54, April 13, 2019 CET | From | Libertarian Socialist Party (LSP/PSL) | To | Debating the Government's 2 year plan for Economic Growth |
| Message | OOC:I know |
| Date | 02:04:33, April 13, 2019 CET | From | Conservative Renew | To | Debating the Government's 2 year plan for Economic Growth |
| Message | Mr Rodriguez is asking what we are doing the answer is simple. We are transforming our tax system from income tax to the General Sales Tax. We are using our massive budget surplus to Benifit all citizens. And then we are giving the people a choice wether they want to persue a new direction or not. I'll tell you what we aren't doing! We aren't raising taxes and causing our economy to crash into a recession which we still have yet to recover from! And we are not proposing a 90% top tax rate! Martin Wu-Xeping Prime Minister of Gaduridos |
| Date | 02:41:10, April 13, 2019 CET | From | Gaduridos Freedom Party | To | Debating the Government's 2 year plan for Economic Growth |
| Message | So, you're turning Gaduridos into a income tax haven? |
| Date | 02:42:07, April 13, 2019 CET | From | Gaduridos Freedom Party | To | Debating the Government's 2 year plan for Economic Growth |
| Message | Also, now that the CCE is gone, we should scrap the 90% tax bill. |
| Date | 03:00:11, April 13, 2019 CET | From | Libertarian Socialist Party (LSP/PSL) | To | Debating the Government's 2 year plan for Economic Growth |
| Message | Wait what?Massive surplus?If that’s a massive surplus then 2+2=5.Why do you think the people would vote for giving rich people more money in exchange for losing money?You have no sympathy to the poor or the middle class. Josè Dias September 4559 Leader of the opposition |
| Date | 23:33:22, April 13, 2019 CET | From | Conservative Renew | To | Debating the Government's 2 year plan for Economic Growth |
| Message | Our surplus currently sits at 3,742,599,887,929 and is currently projected to surpass 4 Trillion next year. That is a massive surplus! And now under our new system everyone would pay based on consumption, the rich would likely consume more so they would pay more tax. This is a option to fix our broken and stalled economy. Martin Wu-Xeping Prime Minister of Gaduridos |
| Date | 01:45:10, April 14, 2019 CET | From | Libertarian Socialist Party (LSP/PSL) | To | Debating the Government's 2 year plan for Economic Growth |
| Message | No, it is 648,636,078,373.The rich does not consume more, unless you're talking about luxury items, they don't need to.The poor and middle classes do.A broken and stalled economy created by your government. Josè Dias March 4560 Leader of the Opposition |
| Date | 02:03:19, April 14, 2019 CET | From | Conservative Renew | To | Debating the Government's 2 year plan for Economic Growth |
| Message | OOC: Not sure if you have been following the GDP and Debt Tracker http://classic.particracy.net/viewbill.php?billid=596398 But I have been compounding the deficits or surplus since the Trackers inception. So that is why I referenced the Surplus at 3,742,599,887,929 instead of the yearly surplus of 648,636,078,373 |
| Date | 04:53:21, April 14, 2019 CET | From | Gaduridos Freedom Party | To | Debating the Government's 2 year plan for Economic Growth |
| Message | OOC: I have no idea what is happening so I'll pretend to be a total idiot IC. |
| Date | 06:41:00, April 14, 2019 CET | From | Libertarian Socialist Party (LSP/PSL) | To | Debating the Government's 2 year plan for Economic Growth |
| Message | OOC:NP pls abstain |
| Date | 06:57:36, April 14, 2019 CET | From | Libertarian Socialist Party (LSP/PSL) | To | Debating the Government's 2 year plan for Economic Growth |
| Message | OOC:I take that back |
| Date | 01:27:44, April 15, 2019 CET | From | Libertarian Socialist Party (LSP/PSL) | To | Debating the Government's 2 year plan for Economic Growth |
| Message | OOC:For legal reasons that’s a joke |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 106 | |||
| no | Total Seats: 115 | |||
| abstain | Total Seats: 29 |
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