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Bill: VAT Tax Reform Proposal
Details
Submitted by[?]: Mordusian National 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: July 5560
Description[?]:
Mr. Speaker, Our economy is doing better than we expected. Due to higher consumption and investments and international interest in our economy growing, our state revenue has increased to such a level that we can decrease taxes. To that end we will focus on the tax that we feel is the least popular at the moment. We also believe we should listen to the other parties in our country. As such we will reduce the Luxury Goods Tax from 21% to 19%. Richard Ashford Minister of Finance |
Proposals
Article 1
Proposal[?] to change Sales tax on luxury goods.
Old value:: 21
Current: 19
Proposed: 19
Debate
These messages have been posted to debate on this bill:
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Vote | Seats | ||||
yes |
Total Seats: 151 | ||||
no | Total Seats: 0 | ||||
abstain | Total Seats: 0 |
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