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Bill: Tax Burden Reduction Act
Details
Submitted by[?]: United Liberal Alliance
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: October 2224
Description[?]:
| We believe that the current levels of corporation tax and sales taxes on luxury items are too high and should be cut, both to promote spending and to encourage companies to set up in Telamon. However, we do realise that in the case of the sales tax on luxury items in cannot be cut too much as it is required to offset the fact that no tax is charged on everyday items. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 30
Current: 45
Proposed: 15
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 25
Current: 27
Proposed: 18
Debate
These messages have been posted to debate on this bill:
| Date | 03:08:37, May 06, 2006 CET | From | Conservative Party | To | Debating the Tax Burden Reduction Act |
| Message | We completly agree and have been considering a similar suggestion... Though a balanced budget is a must so we will have to discuss cuts in spendings at a later point this year or at least before next election. |
| Date | 18:36:45, May 06, 2006 CET | From | United Liberal Alliance | To | Debating the Tax Burden Reduction Act |
| Message | of course |
| Date | 00:01:39, May 08, 2006 CET | From | Conservative Party | To | Debating the Tax Burden Reduction Act |
| Message | We wonder why the UCA has voted against their own proposal. |
| Date | 14:41:50, May 08, 2006 CET | From | United Liberal Alliance | To | Debating the Tax Burden Reduction Act |
| Message | That was actually a very good question!!!! |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 139 | |||
| no | Total Seats: 216 | |||
| abstain |
Total Seats: 0 |
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