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Bill: Federal Tax Cut Act of 4759
Details
Submitted by[?]: Libertarian Nationalist 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: September 4759
Description[?]:
| The taxes in this country are to high and are curbing economic growth and stability to this great nation, this small tax cut bill I am producing will ensure that business are able to grow and prosper, and people are able to afford goods and services |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 32
Current: 15
Proposed: 25
Article 2
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 8
Current: 3
Proposed: 0
Article 3
Proposal[?] to change Sales tax on luxury goods.
Old value:: 48
Current: 12
Proposed: 35
Debate
These messages have been posted to debate on this bill:
| Date | 22:02:52, May 20, 2020 CET | From | Socialists People’s Party | To | Debating the Federal Tax Cut Act of 4759 |
| Message | What taxes are you proposing being cut. |
| Date | 22:03:33, May 20, 2020 CET | From | Socialists People’s Party | To | Debating the Federal Tax Cut Act of 4759 |
| Message | We agree with article two but not one. |
| Date | 22:04:42, May 20, 2020 CET | From | Libertarian Nationalist Party | To | Debating the Federal Tax Cut Act of 4759 |
| Message | Corporate tax by 7%, Sales tax by 8%, and Luxury tax by 13% |
| Date | 22:06:27, May 20, 2020 CET | From | Conservative Republican Party | To | Debating the Federal Tax Cut Act of 4759 |
| Message | We support, a deficit isn't good but lets see how big the defect is after this and then determine the next step |
| Date | 22:06:39, May 20, 2020 CET | From | Libertarian Nationalist Party | To | Debating the Federal Tax Cut Act of 4759 |
| Message | Corporate tax by 7%, Sales tax by 8%, and Luxury tax by 13% |
| Date | 22:06:41, May 20, 2020 CET | From | Socialists People’s Party | To | Debating the Federal Tax Cut Act of 4759 |
| Message | Seems well but can this still uphold the budget and profit coming in from taxes. |
| Date | 22:08:14, May 20, 2020 CET | From | Libertarian Nationalist Party | To | Debating the Federal Tax Cut Act of 4759 |
| Message | Corporate tax by 7%, Sales tax by 8%, and Luxury tax by 13% |
| Date | 22:12:52, May 20, 2020 CET | From | Socialists People’s Party | To | Debating the Federal Tax Cut Act of 4759 |
| Message | Please don’t put the bill up for vote until we have a good debate. OOC: At least 12 hours of real time unless very important. |
| Date | 23:30:23, May 20, 2020 CET | From | Democratic Party of Likatonia | To | Debating the Federal Tax Cut Act of 4759 |
| Message | SD agrees with 2 out of 3 Articles you can have 0% tax for non-essential goods |
| Date | 23:30:39, May 20, 2020 CET | From | Democratic Party of Likatonia | To | Debating the Federal Tax Cut Act of 4759 |
| Message | essential good * |
| Date | 23:52:50, May 20, 2020 CET | From | Liberal Democrats | To | Debating the Federal Tax Cut Act of 4759 |
| Message | We tentatively support. This is not a small tax cut and will need to be costed somewhere. We ask LNP to propose how best to finance this initiative. |
| Date | 01:27:13, May 21, 2020 CET | From | Likatonia First | To | Debating the Federal Tax Cut Act of 4759 |
| Message | We trust the LD to make the best economic choices. |
| Date | 02:25:14, May 21, 2020 CET | From | Institutional Revolutionary Party | To | Debating the Federal Tax Cut Act of 4759 |
| Message | We are going to oppose. |
| Date | 20:58:57, May 21, 2020 CET | From | Liberal Democrats | To | Debating the Federal Tax Cut Act of 4759 |
| Message | This bill will still need to be costed. The projected deficit is 55.3B LIK. This will need to be made up partly through income taxes and partly through spending cuts. OOC: I'm a bit curious to see how the economy will play out in the game. But curiosity also killed the cat. |
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Voting
| Vote | Seats | ||||||
| yes |
Total Seats: 57 | ||||||
| no | Total Seats: 43 | ||||||
| abstain | Total Seats: 0 |
| Random fact: Periodically, it is a good idea to go through your nation's Treaties and arrange to withdraw from any that are unwanted. |
| Random quote: "If we accept that a mother can kill even her own child, how can we tell other people to not kill each other? Any country that accepts abortion is not teaching its people to love, but to use any violence to get what they want." - Mother Teresa of Calcutta quotes |