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Bill: OOC/RP : The Budget Informations
Details
Submitted by[?]: National Labour Party
Status[?]: passed
Votes: This bill is a resolution. It requires more yes votes than no votes. This bill will not pass any sooner than the deadline.
Voting deadline: January 5164
Description[?]:
Is there any intrest in playing with a real budget? We start off with current GDP and budgets/incomes and with our current deficit. Rules: Every 4 years (depending on length term) we update the GDP status. Automatically 2% GDP growth Inactive coalitions ( who don't passes laws, or failing governments without majority ) get a penalty of -2% growth Maximum growth of 4 (2% automatic + 2% approval)with government coalition approval Maximum growth of 8% (2% automatic + 6% approval) with 2/3rd approval Maximum of 15% (2% automatic + 13% approval) growth with full Diet approval Nationalizing key industries costs a 8 year -1.5% growth per industry. Decreasing public spending per 5% gets costs -1% growth for the 4 year. National debt above 100% costs -0.2% growth as long it stays above the 100% Cut taxes etc ...are being played within your maximum growth rates. So what you think? Thoughts? I will make a full budget on Sunday as an example. EXAMPLE BUDGET: GDP: 456.988.977.999 LOD Debt (107,1% of GDP): 489.010.422.034 LOD Income: 96.387.076.134 LOD Expenses: 102.900.000.000 LOD Deficit: -6.512.923.865 ( * If it stays the full legislation of 3 years = 19.538.771.595*) ============================================================ Expected end of term/begin new term of government in 5228: GDP growth 3.8% (2% automatic growth + 2% coaltion growth - 0.2% Debt situation): 474.354.559.163 LOD Debt (107.21%): 508.549.193.629 LOD Income Taxes: 79.987.963.059 LOD ( if anyone can calculate the hidden numbers in each Duchy ?? ) Corporation Tax 12%: 2.805.143.121 LOD Total Sales Tax: 17.253.711.404 LOD Essential goods 2% = 3.695.758.716 LOD Luxuary goods 11% = 13.557.952.688 LOD Income projected in 5228: 100.046.817.584 LOD Total projected Expenses in 5228: 106.810.200.000 LOD( every expense budget goes up by the targeted growth, if by negative growth the expenses stay the same) Total projected Deficit: 6.763.382.416 LOD ============================================================ HIDDEN VALUE numbers: Essantial goods: 178.023.059.550 + 3.8% = 184.787.935.813 Luxuary goods: 118.741.922.300 + 3.8% = 123.254.115.347 Corperate Tax: 22.520.416.833 + 3.8% = 23.376.192.673 Couldn't discover the income taxes numbers so i decided to + 3.8% on the general number: 77,059,694,662 + 3.8% = |
Proposals
Debate
These messages have been posted to debate on this bill:
Date | 10:10:11, August 11, 2022 CET | From | National Labour Party | To | Debating the OOC/RP : The Budget Informations |
Message | OOC : I took over the work of TomHoste and I propose it again, I propose to have a real economic RP, with a budget that will be RP rather than playing with the economic mechanics of Particracy |
Date | 10:38:21, August 11, 2022 CET | From | Course of Freedom (Kellins faction) | To | Debating the OOC/RP : The Budget Informations |
Message | Sounds complicated so you can do the math x) |
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Voting
Vote | Seats | ||||
yes |
Total Seats: 186 | ||||
no | Total Seats: 38 | ||||
abstain |
Total Seats: 111 |
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Random quote: "What is conservatism? Is it not the adherence to the old and tried against the new and untried?" - Abraham Lincoln |