LC 2.14 Tax Reform Act (Rejected)

[Former President tack50]

Tax Reform Act

The estate tax in Lincoln is abolished
The death tax in Lincoln is abolished
The inheritance tax in Lincoln is abolished
Lincoln property taxes shall be cut by 30%
Lincoln sales taxes shall be reduced by 2%
Lincoln gas taxes shall be reduced by 5%
Lincoln state income tax shall have three brackets
Brackets with rates:
Greater than $150,000: 25%
$50,000-$150,000: 15%
Less than $50,000: 45%
Lincoln shall raise taxes on all welfare benefits by 70%

Sponsor: Suburban New Jersey Conservative

Debate time for this bill has started and shall last for no less than 72 hours

[Former President tack50]

This has to be one of the dumbest ideas I've ever heard. Even if I disagree with it by a lot, I at least get why some people defend flat taxes.

But actively regressive taxes? Why? They make no sense whatsoever!

[Peanut]

This runs directly counter to, well, basically every principle of fair government. It makes no logistic, political, moral, legal, economic, you name it sense to do this.

Of course, I would recommend the Council to just put this bill out of its misery.

[AustralianSwingVoter]

This runs directly counter to, well, basically every principle of fair government. It makes no logistic, political, moral, legal, economic, you name it sense to do this.

Of course, I would recommend the Council to just put this bill out of its misery.

Better to go to a final vote though. A far better way to wholeheartedly and fundamentally reject this ghastly, beyond extreme economic policies.

[Sirius_]

I am a Federalist, but I must break with my party colleague to oppose such brash irresponsible cuts and a regressive tax rate system that places more burden on the already burdened. A waste of opposition slots.

[S019]

I will propose an amendment to make this not regressive tonight around 12 or 1 o’clock

[AustralianSwingVoter]

I will propose an amendment to make this not regressive tonight around 12 or 1 o’clock

Why bother? Just get this ghastly thing voted down already. No matter what you do this repulsive bill is failing, just get it over and done with.

[S019]

Tax Reform Act

The estate tax in Lincoln is abolished
The death tax in Lincoln is abolished
The inheritance tax in Lincoln is abolished
Lincoln property taxes shall be cut by 30% 5%
Lincoln sales taxes shall be reduced by 2%
Lincoln gas taxes shall be reduced by 1%
Lincoln state income tax shall have three brackets
Brackets with rates:
Greater than $150,000: 25%
$50,000-$150,000: 15%
Less than $50,000: 45%
Lincoln shall raise taxes on all welfare benefits by 70%
Lincoln income tax shall be fixed at 20% for those between incomes of $50,000 and $100,000, except for those making under $50,000, who will pay a 10% rate, all persons making under $30,000, shall be exempt from income taxes, all persons making over $100,000 shall pay a 30% tax rate.
All people making under $20,000, are exempt from all taxes in Lincoln

Sponsor: Suburban New Jersey Conservative

Debate time for this bill has started and shall last for no less than 72 hours

Here is the amendment, which may change yet another time, depending on ASV feedback. This amendment will probably be modified, many times in the future

[AustralianSwingVoter]

IN THE NORTHERN ASSEMBLY

A RESOLUTION

Establishing the budget for the Northern Government lasting from February 2018 until February 2019

Resolved by the Northern Assembly convened,

Expenditures

Health - $287.000bn
Pensions - $104.000bn
Education - $76.000bn
Transport - $62.000bn
Welfare - $30.000bn
General Govt - $20.000bn
Police/Justice - $15.000bn
Other/Emergency - $10.000bn

===============================

TOTAL EXPENDITURES - ($610.000bn)

===============================

PROPOSED TAXES

Income tax: ($476.368bn)
0% - $0 - $24,999
10% - $25,000 - $49,9999
15% - $50,000 - $99,999
20% - $100,000 - $249,999
25% - $250,000 - $999,999
30% - $1,000,000 +

Luxury Tax (cars over a certain price, boats, jewelry, cannabis, alcohol, other non-essential things)
15% ($8.948bn)

Property Tax: ($103.407bn)
0% - $0 - $24,999
1% - $25,000 - $49,9999
2% - $50,000 - $99,999
3% - $100,000 - $249,999
4% - $250,000 - $999,999
5% - $1,000,000 +

Excise Taxes
Gas: 30.0 ¢ per gallon ($43.417bn)
Diesel: 50.0 ¢ per gallon ($12.721bn)
New automobile purchase tax (by curb weight): $120 per thousand kilograms ($0.176)

===============================

TOTAL REVENUES - ($645.036bn)

===============================

PROJECTED BALANCE - ($31.036bn)

CURRENT DEBT - ($0.000bn)

This is a similar proposal to the one Mr. Wells made but with $3bn added to the transportation budget to cover the Lincoln Rail expansion bill and a bit more spending on education and healthcare. It complies with the balanced budget amendment and still has some surplus.

Let's have a look at the previous budget. And you'll notice a few problems. Namely:
Lincoln doesn't have a sales tax to cut.
Lincoln doesn't have a death tax to cut.
Lincoln doesn't have an estate tax to cut.
Lincoln doesn't have an inheritance tax to cut.

So this bill is cutting taxes that don't exist. What an obviously sound and logical proposal. Why don't we abolish the unicorn tax while we're at it.

[AustralianSwingVoter]

Tax Reform Act

The estate tax in Lincoln is abolished
The death tax in Lincoln is abolished
The inheritance tax in Lincoln is abolished
Lincoln property taxes shall be cut by 30% 15%
Lincoln sales taxes shall be reduced by 2%
Lincoln gas taxes shall be reduced by 3%
Lincoln state income tax shall have three brackets
Brackets with rates:
Greater than $150,000: 25%
$50,000-$150,000: 15%
Less than $50,000: 45%
Lincoln shall raise taxes on all welfare benefits by 70%
Lincoln income tax shall be fixed at 20%

Sponsor: Suburban New Jersey Conservative

Debate time for this bill has started and shall last for no less than 72 hours

Here is the amendment, which may change yet another time, depending on ASV feedback

Oh great a flat tax now. You really don't learn do you. Well once this amendment goes through this thing can finally be voted down 8-1.

[S019]

Tax Reform Act

The estate tax in Lincoln is abolished
The death tax in Lincoln is abolished
The inheritance tax in Lincoln is abolished
Lincoln property taxes shall be cut by 30% 15%
Lincoln sales taxes shall be reduced by 2%
Lincoln gas taxes shall be reduced by 3%
Lincoln state income tax shall have three brackets
Brackets with rates:
Greater than $150,000: 25%
$50,000-$150,000: 15%
Less than $50,000: 45%
Lincoln shall raise taxes on all welfare benefits by 70%
Lincoln income tax shall be fixed at 20%

Sponsor: Suburban New Jersey Conservative

Debate time for this bill has started and shall last for no less than 72 hours

Here is the amendment, which may change yet another time, depending on ASV feedback

Oh great a flat tax now. You really don't learn do you. Well once this amendment goes through this thing can finally be voted down 8-1.

ASV, the latest amendment does not create a flat tax

[AustralianSwingVoter]

Tax Reform Act

The estate tax in Lincoln is abolished
The death tax in Lincoln is abolished
The inheritance tax in Lincoln is abolished
Lincoln property taxes shall be cut by 30% 15%
Lincoln sales taxes shall be reduced by 2%
Lincoln gas taxes shall be reduced by 3%
Lincoln state income tax shall have three brackets
Brackets with rates:
Greater than $150,000: 25%
$50,000-$150,000: 15%
Less than $50,000: 45%
Lincoln shall raise taxes on all welfare benefits by 70%
Lincoln income tax shall be fixed at 20%

Sponsor: Suburban New Jersey Conservative

Debate time for this bill has started and shall last for no less than 72 hours

Here is the amendment, which may change yet another time, depending on ASV feedback

Oh great a flat tax now. You really don't learn do you. Well once this amendment goes through this thing can finally be voted down 8-1.

ASV, the latest amendment does not create a flat tax

Lincoln income tax shall be fixed at 20%

This is what is called a flat tax.

[S019]

Read my amendment

Tax Reform Act

The estate tax in Lincoln is abolished
The death tax in Lincoln is abolished
The inheritance tax in Lincoln is abolished
Lincoln property taxes shall be cut by 30% 15%
Lincoln sales taxes shall be reduced by 2%
Lincoln gas taxes shall be reduced by 3%
Lincoln state income tax shall have three brackets
Brackets with rates:
Greater than $150,000: 25%
$50,000-$150,000: 15%
Less than $50,000: 45%
Lincoln shall raise taxes on all welfare benefits by 70%
Lincoln income tax shall be fixed at 20%, except for those making under $50,000, who will pay a 10% rate

Sponsor: Suburban New Jersey Conservative

Debate time for this bill has started and shall last for no less than 72 hours

Here is the amendment, which may change yet another time, depending on ASV feedback

[AustralianSwingVoter]

Read my amendment

Tax Reform Act

The estate tax in Lincoln is abolished
The death tax in Lincoln is abolished
The inheritance tax in Lincoln is abolished
Lincoln property taxes shall be cut by 30% 15%
Lincoln sales taxes shall be reduced by 2%
Lincoln gas taxes shall be reduced by 3%
Lincoln state income tax shall have three brackets
Brackets with rates:
Greater than $150,000: 25%
$50,000-$150,000: 15%
Less than $50,000: 45%
Lincoln shall raise taxes on all welfare benefits by 70%
Lincoln income tax shall be fixed at 20%, except for those making under $50,000, who will pay a 10% rate

Sponsor: Suburban New Jersey Conservative

Debate time for this bill has started and shall last for no less than 72 hours

Here is the amendment, which may change yet another time, depending on ASV feedback

Yes, you edited your amendment yet again to get rid of the flat tax.
This isn't even the right place for this. Tax rates are to be debated and will be debated soon during the budgetary process.

[S019]

Read my amendment

Tax Reform Act

The estate tax in Lincoln is abolished
The death tax in Lincoln is abolished
The inheritance tax in Lincoln is abolished
Lincoln property taxes shall be cut by 30% 15%
Lincoln sales taxes shall be reduced by 2%
Lincoln gas taxes shall be reduced by 3%
Lincoln state income tax shall have three brackets
Brackets with rates:
Greater than $150,000: 25%
$50,000-$150,000: 15%
Less than $50,000: 45%
Lincoln shall raise taxes on all welfare benefits by 70%
Lincoln income tax shall be fixed at 20%, except for those making under $50,000, who will pay a 10% rate

Sponsor: Suburban New Jersey Conservative

Debate time for this bill has started and shall last for no less than 72 hours

Here is the amendment, which may change yet another time, depending on ASV feedback

Yes, you edited your amendment yet again to get rid of the flat tax.
This isn't even the right place for this. Tax rates are to be debated and will be debated soon during the budgetary process.

ASV, our last budget was in 2017

Since, we cannot pass a budget, we should work on the individual parts and then put them together, and do the budget, that way

[AustralianSwingVoter]

Read my amendment

Tax Reform Act

The estate tax in Lincoln is abolished
The death tax in Lincoln is abolished
The inheritance tax in Lincoln is abolished
Lincoln property taxes shall be cut by 30% 15%
Lincoln sales taxes shall be reduced by 2%
Lincoln gas taxes shall be reduced by 3%
Lincoln state income tax shall have three brackets
Brackets with rates:
Greater than $150,000: 25%
$50,000-$150,000: 15%
Less than $50,000: 45%
Lincoln shall raise taxes on all welfare benefits by 70%
Lincoln income tax shall be fixed at 20%, except for those making under $50,000, who will pay a 10% rate

Sponsor: Suburban New Jersey Conservative

Debate time for this bill has started and shall last for no less than 72 hours

Here is the amendment, which may change yet another time, depending on ASV feedback

Yes, you edited your amendment yet again to get rid of the flat tax.
This isn't even the right place for this. Tax rates are to be debated and will be debated soon during the budgetary process.

ASV, our last budget was in 2017

Since, we cannot pass a budget, we should work on the individual parts and then put them together, and do the budget, that way

The 2019 budget is currently being scored. You are constitutionally required to pass a budget, and all persons involved have given assurances that this year Lincoln will finally pass a budget.
And given the composition of the chamber it won't be remotely close to your tax policies, obviously.

[AustralianSwingVoter]

PROPOSED TAXES

Income tax: ($476.368bn)
0% - $0 - $24,999
10% - $25,000 - $49,9999
15% - $50,000 - $99,999
20% - $100,000 - $249,999
25% - $250,000 - $999,999
30% - $1,000,000 +

Lincoln income tax shall be fixed at 20%, except for those making under $50,000, who will pay a 10% rate

So why should we be raising taxes for those at the bottom, for those normal workers earning under 50k, while those earning 6 figures get massive tax cuts? Are we still sticking to the idiocy of trickle down economics?

[Pyro]

It saddens me to say, but I cannot support a single measure proposed in this bill.

These proposals are not only financially irresponsible to the core, but could absolutely wreck Lincoln's economy and eschew our tax system to the undeserved favor of the ultra-wealthy. I am afraid that this cannot be fixed through an amendment.

I would motion we waive the 72 hour requirement and thereafter push this to a final vote.
This vote would need to be unanimous. Should the motion fail, I will move to table.

[S019]

How are the proposals financially irresponsible

Also I would like for some amendments to be proposed to this bill

[Former President tack50]

How are the proposals financially irresponsible

Also I would like for some amendments to be proposed to this bill

Should I consider this an objection to Pyro's request for unanimous consent?

[S019]

Mr. Speaker could you add the amendment first, so, that this does not look like a regressive bill

Also, not objecting to Pyro’s motion, I would rather this fail, than be tabled

[Former President tack50]

I was about to tell you no, but I forgot Amendments in Lincoln apply automatically (for now at least). In any case, there is no way I'm supporting any changes to the tax rates as long as we don't have a budget. I have been unfortunately unable to perform any work on it due to being very busy with RL stuff, hopefully I will have more time now.

Tax rates should be discussed when we discuss the budget, not before.

Amendment L 2:41 by S019 to LC 2.14 Tax Reform Act

Tax Reform Act

The estate tax in Lincoln is abolished
The death tax in Lincoln is abolished
The inheritance tax in Lincoln is abolished
Lincoln property taxes shall be cut by 30% 5%
Lincoln sales taxes shall be reduced by 2%
Lincoln gas taxes shall be reduced by 1%
Lincoln state income tax shall have three brackets
Brackets with rates:
Greater than $150,000: 25%
$50,000-$150,000: 15%
Less than $50,000: 45%
Lincoln shall raise taxes on all welfare benefits by 70%
Lincoln income tax shall be fixed at 20% for those between incomes of $50,000 and $100,000, except for those making under $50,000, who will pay a 10% rate, all persons making under $30,000, shall be exempt from income taxes, all persons making over $100,000 shall pay a 30% tax rate.
All people making under $20,000, are exempt from all taxes in Lincoln

Sponsor feedback: Origination
Status: Added to the bill

[Adam Griffin]

I don't see anything in this broader proposal that is workable for me - however, it is a very good example of the notion of "tax reform". Likewise, comprehensive changes in tax rates should only be pursued if/when we have a full understanding of a new/existing budget.

[YE]

This might be the worst bill I’ve seen. These tax rates show no sympathy for the rigged economy the common man faces.

[Former President tack50]

With no objection to Pyro's motion

Councillors, a FINAL vote is now open on the following legislation

Tax Reform Act

Lincoln property taxes shall be cut by  5%
Lincoln gas taxes shall be reduced by 1%
Lincoln income tax shall be fixed at 20% for those between incomes of $50,000 and $100,000, except for those making under $50,000, who will pay a 10% rate, all persons making under $30,000, shall be exempt from income taxes, all persons making over $100,000 shall pay a 30% tax rate.
All people making under $20,000, are exempt from all taxes in Lincoln

Please vote AYE, NAY or Abstain
This vote shall last for 48 hours or until all Councillors have voted