SB 111-03: Tax The Woke Act (Passed)
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  SB 111-03: Tax The Woke Act (Passed)
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Author Topic: SB 111-03: Tax The Woke Act (Passed)  (Read 3049 times)
WD
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Junior Chimp
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« on: September 06, 2022, 08:18:56 PM »
« edited: December 03, 2022, 10:21:43 PM by Southern Senator North Carolina Yankee »

Quote
TAX THE WOKE ACT
SECTION I: NAME
a. This act shall be referred to as Tax the Woke Act

SECTION II: Taxes
1. Beginning in fiscal year 2023 there shall be levied a 2% tax on the investment earnings of any private college or university in the Southern Region that has at least 500 tuition-paying students and net endowment assets of at least $1,000,000 per student.
2. Beginning in fiscal year 2023 the ability of tax filers to deduct Regional taxes or State and Local taxes (SALT) is hereby eliminated.

Sponsor: DeadPrez
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WD
Western Democrat
Junior Chimp
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« Reply #1 on: September 06, 2022, 08:19:29 PM »

As the sponsor is unable to advocate for obvious reasons, I’ll just open up the floor for debate. If another Senator would like to take up sponsorship, you’re more than welcome to make the appropriate motions.
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rpryor03
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« Reply #2 on: September 06, 2022, 08:35:03 PM »

Speaking as an alumnus of a private university in the Southern Region, this is nuts. And also, why does this only apply to the South?
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SevenEleven
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« Reply #3 on: September 06, 2022, 09:44:21 PM »

LOL.

Motion to table.
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GM Team Member and Senator WB
weatherboy1102
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« Reply #4 on: September 06, 2022, 11:56:13 PM »

Speaking as an alumnus of a private university in the Southern Region, this is nuts. And also, why does this only apply to the South?
pretty sure they just copied and pasted something from a similar southern law.
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West_Midlander
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« Reply #5 on: September 07, 2022, 05:08:05 AM »

Quote
TAX THE WOKE ACT
SECTION I: NAME
a. This act shall be referred to as Tax the Woke Act

SECTION II: Taxes
1. Beginning in fiscal year 2023 there shall be levied a 2% tax on the investment earnings of any private college or university in the Southern Region that has at least 500 tuition-paying students and net endowment assets of at least $1,000,000 per student.
2. Beginning in fiscal year 2023 the ability of tax filers to deduct Regional taxes or State and Local taxes (SALT) is hereby eliminated.

Sponsor: DeadPrez

I would like to sponsor.

Also, I offer this amendment.
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WD
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Junior Chimp
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« Reply #6 on: September 07, 2022, 08:10:36 AM »
« Edited: September 07, 2022, 08:18:45 AM by WD »

24 hours to object to the co-sponsorship and the amendment
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rpryor03
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« Reply #7 on: September 07, 2022, 08:48:39 PM »

Object to the amendment.
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WD
Western Democrat
Junior Chimp
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« Reply #8 on: September 07, 2022, 09:04:44 PM »

Objection being raised, a vote is now open on the amendment. Please vote Aye, Nay, or Abstain.
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Deep Dixieland Senator, Muad'dib (OSR MSR)
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« Reply #9 on: September 07, 2022, 10:08:11 PM »

As the sponsor is unable to advocate for obvious reasons, I’ll just open up the floor for debate. If another Senator would like to take up sponsorship, you’re more than welcome to make the appropriate motions.

Mr President I have the following statement from the Senator in question:

Quote from: Senator DeadPrez via Discord message
Private colleges and universities have a massive endowment and rarely ever give back to the federal government that grants them subsidies and free-reign. Additionally, private institutions are unwilling to address the high cost of higher education. A modest tax imposed on private colleges and universities will give the government more revenue and possibly another revenue stream to assist students in the future.
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Spark
Spark498
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« Reply #10 on: September 08, 2022, 03:50:49 PM »

Seconding motion to table.
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WD
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« Reply #11 on: September 08, 2022, 04:34:37 PM »

Vote on the motion to table is now open. Please vote Aye, Nay, or Abstain.
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GM Team Member and Senator WB
weatherboy1102
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« Reply #12 on: September 08, 2022, 04:36:11 PM »

Abstain because I’m actually interested in seeing DPrez’s argument more fleshed out, there’s a potentially good point in there.
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West_Midlander
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« Reply #13 on: September 08, 2022, 06:56:18 PM »

Aye on the amendment.

Nay to table.
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SevenEleven
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« Reply #14 on: September 08, 2022, 06:58:34 PM »

Aye to table.
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Devout Centrist
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« Reply #15 on: September 08, 2022, 08:13:04 PM »

Abstain on both
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WD
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Junior Chimp
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« Reply #16 on: September 08, 2022, 08:24:35 PM »

Aye on the amendment, abstain on the motion to table
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Utah Neolib
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« Reply #17 on: September 08, 2022, 09:18:28 PM »

Aye on amendment and aye on table
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OSR stands with Israel
Computer89
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« Reply #18 on: September 08, 2022, 11:18:03 PM »

Aye on Amendment and Nay on Table
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Southern Senator North Carolina Yankee
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« Reply #19 on: September 09, 2022, 11:37:53 AM »

Aye on the Amendment
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Spark
Spark498
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« Reply #20 on: September 09, 2022, 12:54:57 PM »

Abstain and the amendment. Aye to table.
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Deep Dixieland Senator, Muad'dib (OSR MSR)
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« Reply #21 on: September 09, 2022, 06:53:19 PM »

Abstain because I’m actually interested in seeing DPrez’s argument more fleshed out, there’s a potentially good point in there.

Quote from: Senator DeadPrez via discord
...willing to add more comments for my bill

Nay to Table

Aye on the amendment
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GM Team Member and Senator WB
weatherboy1102
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« Reply #22 on: September 09, 2022, 07:51:38 PM »

changing to nay on tabling, aye on amendment
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rpryor03
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« Reply #23 on: September 10, 2022, 12:10:40 AM »

Nay to Amendment, Aye to Table
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PragmaticPopulist
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« Reply #24 on: September 11, 2022, 09:58:44 AM »

Nay to amendment, Aye to table
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