SB 111-09: New Great Society Amendment (Veto Override)

[WD]

New Great Society Amendment

The New Great Society Act is amended as follows regarding:

Section 5, Subsection
(B). Payroll Tax Increase:

1.) Subchapter A, Section 3101 of the Federal Insurance Contributions Act is amended by striking “6.2 percent” and inserting “7.2 percent”. This provision is hereby repealed and replaced with 3.5 percent.

2.) Subchapter B, Section 3111, subparagraph (a) of the Federal Insurance Contributions Act is amended by striking “6.2 percent” and inserting “7.2 percent”. This provision is hereby repealed and replaced with 3.5 percent.

3.) The aforementioned payroll increase is capped at 3.5 percent for the following ten fiscal years.

Sponsor: Spark

The gentleman from Wisconsin is recognized

[Senator Spark]

The reason for this amendment to the New Great Society is simple. We need to reduce taxation to lessen the burden on millions of our working families. Cutting this payroll tax down a bit does just that. This would halve the payroll tax. Of course, these funds will need to be made up some place else. But I think the burden is just too great on many Atlasians to bear right now.

[WD]

Obviously will not be supporting this nor will I be supporting anything else that seeks to gut the New Great Society.

[Mad Deadly Worldwide Communist Gangster Computer God]

Once again reiterating that I have endorsed lowering the income threshold for UBI so that this doesn't become another free giveaway to the rich. The threshold at $100k is pretty damn high. I would like to hear from other senators on this. We're not gutting the New Great Society Act, but we ought to mend it so that resources are going to the people who actually need the money.

[Joseph Cao]

Obviously will not be supporting this nor will I be supporting anything else that seeks to gut the New Great Society.

Would you like to elaborate on exactly how this guts anything?

[WD]

Opening a final vote in 24 hours

[Devout Centrist]

Obviously will not be supporting this nor will I be supporting anything else that seeks to gut the New Great Society.

Would you like to elaborate on exactly how this guts anything?

I think his main concern is that these tax cuts will produce a gigantic deficit unless the entire act is repealed (or we raise taxes/cut spending elsewhere).

[Senator Spark]

Obviously will not be supporting this nor will I be supporting anything else that seeks to gut the New Great Society.

Would you like to elaborate on exactly how this guts anything?

I think his main concern is that these tax cuts will produce a gigantic deficit unless the entire act is repealed (or we raise taxes/cut spending elsewhere).

We need to cut spending elsewhere. That is up to us to find consensus on what those cuts should be.

[Devout Centrist]

We need to cut spending elsewhere. That is up to us to find consensus on what those cuts should be.

Then it would be prudent for the bill’s sponsor to include spending cuts *with* the tax cuts, to avoid creating a crisis for us down the line.

[Senator Spark]

We need to cut spending elsewhere. That is up to us to find consensus on what those cuts should be.

Then it would be prudent for the bill’s sponsor to include spending cuts *with* the tax cuts, to avoid creating a crisis for us down the line.

Ya'll are just going to want to amend it.

[Mad Deadly Worldwide Communist Gangster Computer God]

Obviously will not be supporting this nor will I be supporting anything else that seeks to gut the New Great Society.

Would you like to elaborate on exactly how this guts anything?

I think his main concern is that these tax cuts will produce a gigantic deficit unless the entire act is repealed (or we raise taxes/cut spending elsewhere).

We need to cut spending elsewhere. That is up to us to find consensus on what those cuts should be.

This is why I recommended a change to the UBI threshold.

$53,413-$106,827 is considered "middle income." Would a change of the UBI threshold to $70,000 alleviate some concerns?

[Devout Centrist]

Obviously will not be supporting this nor will I be supporting anything else that seeks to gut the New Great Society.

Would you like to elaborate on exactly how this guts anything?

I think his main concern is that these tax cuts will produce a gigantic deficit unless the entire act is repealed (or we raise taxes/cut spending elsewhere).

We need to cut spending elsewhere. That is up to us to find consensus on what those cuts should be.

This is why I recommended a change to the UBI threshold.

$53,413-$106,827 is considered "middle income." Would a change of the UBI threshold to $70,000 alleviate some concerns?

That works for me!

[WD]

Opening a final vote in 24 hours

Withdrawing this

[Senator Spark]

Obviously will not be supporting this nor will I be supporting anything else that seeks to gut the New Great Society.

Would you like to elaborate on exactly how this guts anything?

I think his main concern is that these tax cuts will produce a gigantic deficit unless the entire act is repealed (or we raise taxes/cut spending elsewhere).

We need to cut spending elsewhere. That is up to us to find consensus on what those cuts should be.

This is why I recommended a change to the UBI threshold.

$53,413-$106,827 is considered "middle income." Would a change of the UBI threshold to $70,000 alleviate some concerns?

Indeed. I can get behind this.

[Joseph Cao]

Good to hear!

Now if only someone would introduce the amendment that everyone apparently is fine with.

[GM Team Member and Deputy PPT WB]

Fine, I'll do it myself.

New Great Society Amendment

The New Great Society Act is amended as follows regarding:

Section 5, Subsection
(B). Payroll Tax Increase:

1.) Subchapter A, Section 3101 of the Federal Insurance Contributions Act is amended by striking “6.2 percent” and inserting “7.2 percent”. This provision is hereby repealed and replaced with 3.5 percent.

2.) Subchapter B, Section 3111, subparagraph (a) of the Federal Insurance Contributions Act is amended by striking “6.2 percent” and inserting “7.2 percent”. This provision is hereby repealed and replaced with 3.5 percent.

3.) The aforementioned payroll increase is capped at 3.5 percent for the following ten fiscal years.

4.) Section III, subsection 2.1, of the New Great Society Act is Amended as follows:

Section 2. Monthly Universal Basic Income for Families with Children

1. Beginning in January of 2022, parents or legal guardians of persons under the age of 18 and have a disposable income of less than $100,000 $70,000 shall be entitled to $2,000 monthly checks.

[WD]

Going to object, and offer my own amendment with the payroll tax cut removed:

New Great Society Amendment

The New Great Society Act is amended as follows regarding:

4.) Section III, subsection 2.1, of the New Great Society Act is Amended as follows:

Section 2. Monthly Universal Basic Income for Families with Children

1. Beginning in January of 2022, parents or legal guardians of persons under the age of 18 and have a disposable income of less than $100,000 $70,000 shall be entitled to $2,000 monthly checks.

[WD]

A vote is now open on the Weatherboy amendment. Please vote Aye, Nay, or Abstain

[America Needs a 13-6 Progressive SCOTUS]

Nay

[KoopaDaQuick 🇵🇸]

Nay

[West_Midlander]

Aye

[rpryor03]

Nay

[Devout Centrist]

Nay

[WD]

Nay

[Utah Neolib]

Aye because I suppose it’s better than the original bill