MW Energy Self-Sufficiency Tax Holiday Bill

[windjammer]

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Sponsor: GAworth

[GAworth]

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Sponsor: Gworth

First thing it is GAworth
This bill has already been scored by the GM and I quote "Revenue impact is a loss of $2.074B for the year." I would be willing to have offsetting taxes if that is fine or take the loss out of the alternative energy fund of the Budget.

[sentinel]

Can ya'll title your threads with MW or Midwest? Reduces confusion...

[Lumine]

I agree with the King in the North, I took me some time to remember this was one of GAworth's proposals. I have to say that while a Green Midwest is one of my personal goals, 2 billion for this single project is too much after all the taxes we lowered and after spending most of the stimulus money.

[GAworth]

So we are not ready/willing to raise the revenue to offset this? I am willing to introduce legislation to raise taxes to offset this. My office has already made the proposal to raise cigarette, alcohol, marijuana, and estate taxes.

[windjammer]

Can ya'll title your threads with MW or Midwest? Reduces confusion...

Fixed. Sorry Sirnick

[windjammer]

up

[Thomas D]

If we can do this in a way that is revenue neutral then I'm on board.

[ilikeverin]

I'm fine raising taxes to be able to afford this.

[windjammer]

Well, I would support this bill.

Has someone something to propose in order to raise taxes?

[GAworth]

Well, I would support this bill.

Has someone something to propose in order to raise taxes?

What are the current tax rates/ budget? I am confused because I am finding different numbers. I am fine with raising taxes but I think we should see what taxes we have right now. The tax modification bill had lower taxes then what you told me the other day. That makes me question how much in surplus we have. I would still propose the Estate Tax rise.

[Lumine]

Our current tax rates were set by the July Tax Reform: https://uselectionatlas.org/FORUM/index.php?topic=176147.0, but we made several changes after that. When it comes to the budget, the statue lists the following:

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[GAworth]

Our current tax rates were set by the July Tax Reform: https://uselectionatlas.org/FORUM/index.php?topic=176147.0, but we made several changes after that. When it comes to the budget, the statue lists the following:

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See that Tax reform is what I was using, but I was wrong on the "Sin" taxes, they had already been raised. Also, and forgive me for being new to the Midwest government, but does all this money specifically have a project, or can we simply cut some of the programs to make up for the one year loss in revenue?

[Lumine]

Well, it's not specified, I talked to Senator Maxwell and this budget was pretty much what you see there, nothing else. Trouble is, we can't change it until February, so I guess that we can't cut programs without even knowing what effect will cause.

[GAworth]

We can't do a budget amendment?

[Lumine]

Hmmmm... I'm not entirely sure if we can do that, to be honest, but it would be a great way to end this problem.

[windjammer]

We can't do a budget amendment?

Budget amendment? Balanced budget amendment?

[GAworth]

We can't do a budget amendment?

Budget amendment? Balanced budget amendment?

A mid year budget correction/change.

[GAworth]

bump. I wish to continue with this legislation.