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Bill: Tax Simplification Act
Details
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: January 4910
Description[?]:
| The current tax system is an enemy to both taxpayers and the economy they create and support. We propose to reduce the number of income tax rates from 7 to 3 and lower various punitive indirect taxes. Eirene Akouimes Sovereign Councillor for Finance |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 50
Current: 25
Proposed: 25
Article 2
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 10
Current: 15
Proposed: 0
Article 3
Proposal[?] to change Sales tax on luxury goods.
Old value:: 50
Current: 45
Proposed: 25
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes |
Total Seats: 400 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
| Random fact: "Nation raiding" or a malevolent coordinated effort by a single user or group of users to interrupt the gameplay, significantly alter the culture or direction of a nation is strictly prohibited. Players interacting in nation raiding will be sanctioned. |
| Random quote: "In all recorded history there has not been one economist who has had to worry about where the next meal would come from." - Peter Drucker |