HOUSE BILL: The HELIOS Act (At Final Vote)

[Pragmatic Conservative]

I like how the decision to pay for something is merely "preferable" rather than, you know, reality.

Sure we all do have to pay for things eventually; but in RL people go into debt temporarily to pay for things likle college education, cars, houses ect. It's silly to think that Goverment should never go into debt to help pay for things unless of course you have an issue with people taking out car loans, student loans, mortgages ect. Debt is not the problem it's not having any plan whatsoever on how to pay it back is what the problem is.

[fhtagn]

I like how the decision to pay for something is merely "preferable" rather than, you know, reality.

Sure we all do have to pay for things eventually; but in RL people go into debt temporarily to pay for things likle college education, cars, houses ect. It's silly to think that Goverment should never go into debt to help pay for things unless of course you have an issue with people taking out car loans, student loans, mortgages ect. Debt is not the problem it's not having any plan whatsoever on how to pay it back is what the problem is.

But the thing is, it's not as simple as when an average person goes into debt. We are looking at an over $900 billion deficit, because of proposals like these that do great things, but aren't funded. Pushing this without an adequate means of paying for it negatively affects a greater amount of people down the road, and affects much more than just this bill alone.

[Pericles]

If funding is really the only issue, then I'm happy for the President to endorse and sign this bill that I sponsored(https://uselectionatlas.org/FORUM/index.php?topic=284086.0).

[Southern Senator North Carolina Yankee]

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[RFayette]

Does the financial transactions tax apply to home sales?

[Southern Senator North Carolina Yankee]

Does the financial transactions tax apply to home sales?

Presently as the text is composed, no. I wrote it as such at first, but then removed it and limited it to just financial instruments. I do want a more effective and tighter wording, though obviously.

[Southern Senator North Carolina Yankee]

I apologize for not being able to fine tune the text yet. I had to deal with some important matters, including Mom's ashes being brought home and thus wasn't able to take full advantage of my day off on Friday like I had hoped.

[Southern Senator North Carolina Yankee]

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[RFayette]

Seems good

[Southern Senator North Carolina Yankee]

This was proposed as a stand alone measure back in 2010 but it was rejected. At the time it was during the recessionary impacts, which were modeled in game and thus there was a concern about the impact on the banking sector and by extension the whole economy. I thus included in the provision allowing for it to be waived in such circumstances. While I do generally prefer to avoid increase taxes or redistributing wealth, I am keen on reducing financial speculation and the destabilizing effect that it has on conservative, main street Atlasia (the small business owners and their employees especially) and also on eliminating the barriers to education faced by many in these same communities.

My hope is rather than free college for all, which is inherently and naturally regressive, we can instead alleviated the financial burdens on productive and income earning trades, skills and degree fields faced by working and lower middle class Atlasians. That is the direction that this legislation has been taken and this amendment furthers in that direction by ensuring that such a limited and narrow program is funded and thus doesn't irresponsibly add to the deficit. Coincidentally, I would point out that the impact of rising interest rates on gov't debt, would naturally be negative for those holding lots of college debt.

[Bidenworth2020]

support it whole-heartedly

[GM Team Member and Senator WB]

seems good to me.

[Southern Senator North Carolina Yankee]

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Status: Representatives have 24 hours to object.

[Bidenworth2020]

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Status: Representatives have 24 hours to object.

I object. My addition-

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[Southern Senator North Carolina Yankee]

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Status: Objection filed by PoliticalMasta, A vote is now open on the above Amendment, Representatives please vote Aye, Nay or Abstain.

[Bidenworth2020]

Abstain

to be clear, will my edit come to a vote?

[wxtransit]

Aye.

[RC (a la Frémont)]

Abstain

[Southern Senator North Carolina Yankee]

to be clear, will my edit come to a vote?

Yes, it should already be listed on the Amendment tracker as a separate amendment. I link coded it last night for the post.

[Southern Senator North Carolina Yankee]

AYE

[GM Team Member and Senator WB]

aye

[Southern Senator North Carolina Yankee]

Vote on Amendment H11:03 by NC Yankee

Aye (3): NC Yankee, Wxtransit and Weatherboy
Nay (0):
Abstain (2): PoliticalMasta and ReaganClinton20xx

The amendment is adopted.

[Southern Senator North Carolina Yankee]

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Status: Awaiting Feedback

[Bidenworth2020]

I think this will help generate funding

[Southern Senator North Carolina Yankee]

Jake?