SENATE BILL: Fair Taxation Act (Law'd)

[DC Al Fine]

With all of that said, perhaps we could allow people under a certain income level to write off things like food, clothing and books on their federal tax return?

In Canada, there's a tax credit similar to the EITC for low earners based on their sales tax. The gov't does a rough estimate of how much sales tax you paid during the year based on your tax return and sends you a cheque quarterly. Your typical low earner gets $600-$800 annually.

[TNF]

I would be open to working out a deal concerning a tax credit for the purpose of covering the sales tax for low earners.

[Fmr. Pres. Duke]

I would be open to working out a deal concerning a tax credit for the purpose of covering the sales tax for low earners.

I think that would be more feasible.

I researched states that have no sales tax, and they make up for it by either 1) allowing municipalities to charge their own taxes and funding the state through those means or 2) having obscenely high gas/restaurant/hotel/other taxes to make up for the lack of sales tax.

So yeah, if we can work out some form of credit to give to those earning, say, $50,000 or less a year, that would be much more viable than eliminating sales taxes entirely.

[Southern Senator North Carolina Yankee]

Amendment 59:65 has been adopted.


Senators have 24 hours to object to Talleyrand's Amendment 59:67.

[Southern Senator North Carolina Yankee]

Just in case I missed it, 59:62 by Goldwater passed on the previous page unless I am forgetting something more here.

[Southern Senator North Carolina Yankee]

Amendment 59:67 has been adopted.

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Sponsor Feeback: Origination
STatus: Objection filed by Seantor Goldwater, a vote is now open on the above amendment, Senators please vote Aye, Nay or Abstain.

[tmthforu94]

Nay

[Goldwater]

NAY

[DC Al Fine]

Nay

[Chancellor Tanterterg]

nay

[Fmr. Pres. Duke]

I will post some sort of amendment to this bill as soon as I can incorporating some of what DC al Fine talked about ie a tax credit for low income earners.

Is $50,000 a year and under an acceptable number to be eligible? Maybe under $75,000 for joint returns?

[President Tyrion]

Aye

[🐒Gods of Prosperity🔱🐲💸]

Nay

[bore]

Nay

[TNF]

Aye.

I would be fine with $50-$75K, Mr. President.

[Fmr. Pres. Duke]

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So I basically rewrote this entire bill, but that's something you all have come to expect out of me by now.

Anyway, I couldn't find exactly what Canada does with this, but I presume the numbers are fair, though we can debate that as we go along. I think this route would achieve the goal of helping low income folks out without completely forcing regional governments to gut their services.

[tmthforu94]

That looks better - I'll introduce it for the President

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[Talleyrand]

Aye

[🐒Gods of Prosperity🔱🐲💸]

Aye

Just to be clear, we are still voting on TNF's amendment.  (You had voted nay on it yesterday)

[Fmr. Pres. Duke]

Yeah, shua's right. Sorry for confusing everyone by plopping my rewrite in the middle of the thread.

[Chancellor Tanterterg]

Aye

Just to be clear, we are still voting on TNF's amendment.  (You had voted nay on it yesterday)

Fixed, thanks

[Southern Senator North Carolina Yankee]

I will never figure out why this keeps happening.

Pop Quiz Questions
Can the President open a vote? No
Can a randome Senator open a vote? No
Who can open a vote? Matt and Yankee. And TNF if we both vanish for 48 hours.

[Southern Senator North Carolina Yankee]

NAY

Vote on Amendment 59:70 by TNF:

Aye (3): Talleyrand, TNF and TyriontheImperialist
Nay (7): bore, DC Al Fine, Goldwater, Mr. X, NC Yankee, shua and Tmthforu94
Abstain (0):

Didn't Vote (0):

 The amendment has been rejected.

[Southern Senator North Carolina Yankee]

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Sponsor Feedback: None Given Yet

Status: Vote to come soon without it.

[TNF]

Amendment is friendly.