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Rejuvination bill; Must fight Komunisme!
Topic Started: Oct 5 2006, 06:57 PM (531 Views)
HRH King Zog II
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Waffler of the House of Boreds
[ *  *  *  *  *  *  *  * ]
To stimulate democratica's slowing economy the government will cut corportaion taxes by 50%
To pay for this all MPs will recieve a 20% Pay cut and all donations political parties will recieve 98% capital gains tax and an extra 3p tax on lightbulbs (non energy efficient)

This bill has recieved Royal Assent
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Admin
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Admin
*doubts very much that a 10% pay cut for MPs would cover the gaps in government funding* :rolleyes:
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HRH King Zog II
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Waffler of the House of Boreds
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Ah but the tax cut would increase the economic output generating more tax income from income tax and the remaining corporation tax.
Also for that its now a 20% pay cut
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Admin
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Admin
Edit the first post then, because that's what will be voted on when it comes to a vote.
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plqx
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overlord of the Solafian universe
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this bill has received official rejection from democratia's chief economist

here is why:

if you cut this tax by this amount, MPs would need about a 80% pay cut to compensate... otherwise you are simply reducing government expenditure, damaging the economy... if MPs saw a 80% pay cut, they would have significantly less to spend, therefore damaging consumer expenditure, and also weakening the economy as MPs feel hard done by, being placed below the average national income for the country they run...

assessed effects on polls: (option 1/option 2)
education no change/20% drop
health no change/35% drop
economy 5% drop/10% drop
law and order no change/18% drop (yup, to 0)
social affairs no net change/10% drop
environment no change (probably)
transport - 5% drop/20% drop

no benefits and many losses

edit: oh and government popularity would collapse
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Boohistory
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Minister for Awesome
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Cut private business' tax!? No way!

*creates a another new bill*
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Admin
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Lol, the government are making new bills so that none of HRH's can be put to a vote. :lol:
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plqx
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overlord of the Solafian universe
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Commoncold0
Oct 5 2006, 07:10 PM
Lol, the government are making new bills so that none of HRH's can be put to a vote. :lol:

a wise decision... the first bill would do more good than damage, but if this one went to vote and got passed it would destroy everything in democratia
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Admin
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Admin
Not everything...

Well, at least not immediatly...
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miniyoda008
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Master of the Force
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This Bill will never get through, even if it is voted upon. The country would be utterly ruined by it, and it would be incredibly hard to retrieve it.
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Admin
Admin
Admin
BLOCKED

Did you really think you could sneak in that 98% tax on a rival political party without me noticing? :rolleyes:
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Boohistory
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Minister for Awesome
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Lol we dont get any donations anyway!
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Admin
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Admin
Still blocked. HRH has to either extend the tax to all parties, or remove it completely.
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HRH King Zog II
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Waffler of the House of Boreds
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1. Its lasted a good 2 weeks without you noticing
2. Tax now extended to all parties
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HRH King Charles III
Oct 11 2006, 08:24 PM
1. Its lasted a good 2 weeks without you noticing
2. Tax now extended to all parties

1. Liar, this topic was started on the 5th of October, much less than 2 weeks ago. :P
2. UNBLOCKED
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