LGC 13.16 - Fair Tax Act - Failed

[Attorney General, Senator-Elect, & Former PPT Dwarven Dragon]

Fair Tax Act

to eliminate unjust taxation

Be it enacted,

Section I: Name

1. This Act shall be called the Fair Tax Act.

Section II: Reform

1. LGC 10.30: Comprehensive Sales Tax Act is hereby repealed in its entirety.

2. No excise tax shall exceed 25%.
a. LGC 12.12: Don't Encourage Drug Use Act shall be amended accordingly.

Section III: Implementation

1. This act shall take effect immediately.

Sponsor: Pyro
Occupying: Slot 1 of 10

[Attorney General, Senator-Elect, & Former PPT Dwarven Dragon]

I'll be opposing tearing up the progress we made in the Don't Encourage Drug Use Act

[NewYorkExpress]

I'll also be opposing this. I can't support repealing a sales tax, or cutting an excise tax that brings in a significant portion of Lincoln's budget.

[Pyro]

Thank you, Mr. Speaker. This is a simple bill that (again) formally eliminates the unnecessary and economically unfair flat, sales tax in Lincoln. Furthermore, this ensures that the vice/excise tax does not equate to a tax of more than 25% on Lincolnites.

We are presently in a state of economic uncertainty with high energy prices, and a dangerous political outlook. The very last thing the families of Lincoln need is an additional fee on top of these new billing concerns.

[Oleg 🇰🇿🤝🇺🇦]

I find this act highly useful. We can always return, change, increase or add taxes by the appropriate act. The measure proposed by Mr. Pyro will have a cumulative effect of restoring the well-being of our citizens, which will heal the region's economy and, as a result, help the regional budget.

[Sirius_]

Something that I have advocated for in the past is that regions should not be overly reliant on income and corporate tax. This happened a couple of years ago in Fremont, where income and corporate tax rates were absurdly and unrealistically high for a region. I urge the general court to consider this. And I know this obvious response, is that Lincoln has a surplus, but that does not mean that tax cuts are appropriate at this time. It would do Lincoln well to run a surplus for a while, until the next time a large stimulus is needed.

[Oleg 🇰🇿🤝🇺🇦]

I'm afraid our surplus is in danger of being wiped out by the blow to the Lincoln economy after the South's self-isolation.

[Pyro]

I motion for a final vote on this legislation.

[Attorney General, Senator-Elect, & Former PPT Dwarven Dragon]

A vote on this is beginning

Nay

[NewYorkExpress]

Nay

[GM Team Member and Senator WB]

Abstain

[S019]

Nay

[Pyro]

Aye

[Attorney General, Senator-Elect, & Former PPT Dwarven Dragon]

Fails 1-3-1