Act of Congress Taxation Act

Presidential Assent

This bill has been granted assent and is hereby signed into law.

 
House Vote: 6-0-0
Senate Vote: 4-0-0
A
BILL
To
Amend the Taxation Act​

The people of the Commonwealth of Redmont, through their elected Representatives in the Congress and the force of law ordained to that Congress by the people through the constitution, do hereby enact the following provisions into law:

1 - Short Title and Enactment
(1) This Act may be cited as the 'Property Buy Back Contradiction Fix Act'.
(2) This Act shall be enacted immediately upon its signage.
(3) This Act has been authored by Representative lcn.
(4) This Act has been co-sponsored by Representative qsdt.

2 - Reasons
(1) To fix a contradiction in the law.
(a) This is already defined in the Property Standards Act.
(b) Property buy back makes more sense to be defined in the Property Standards Act.

3 - Amendment
(1) The Taxation Act shall be amended as follows:

Delete:

15 - Property Buy Back
(1) All Region Buy Back percentages are to be set to 50%
 
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Presidential Assent

This bill has been granted assent and is hereby signed into law.

 

Presidential Assent

This bill has been granted assent and is hereby signed into law.

 
House Vote: 7-0-0
Senate Vote: 5-1-0
A
BILL
To
Amend the Taxation Act​

The people of the Commonwealth of Redmont, through their elected Representatives in the Congress and the force of law ordained to that Congress by the people through the constitution, do hereby enact the following provisions into law:

1 - Short Title and Enactment
(1) This Act may be cited as the 'Taxation Exemption Fix Act'.
(2) This Act shall be enacted immediately upon its signage.
(3) This Act has been authored by Vice President lcn.
(4) This Act has been proposed by Speaker CaseyLeFaye.
(5) This Act has been co-sponsored by Representative tusk2510.

2 - Reasons
(1) This fixes a major loophole in the taxation of financial institutions.
(2) This is not possible to enforce.
(3) To amend the Taxation Act.

3 - Amendment
(1) §6(1.a) of the Taxation Act shall be amended as follows:

"(a) Exemption takes effect from the point of request for exemption to the Department of Commerce.​
(a) Exemption takes effect from the point of acceptance and registration from the Department of Commerce."​
 
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Presidential Assent

This bill has been granted assent and is hereby signed into law.

 
House Vote: 9-1-0
Senate Vote: 4-0-0
A
BILL
To

Amend the Taxation Act​

The people of the Commonwealth of Redmont, through their elected Representatives in the Congress and the force of law ordained to that Congress by the people through the constitution, do hereby enact the following provisions into law:

1 - Short Title and Enactment
(1) This Act may be cited as the 'Pruning Fix Act.'
(2) This Act shall be enacted immediately upon its signage.
(3) This Act has been authored by President UnityMaster.
(4) This Act has been co-sponsored by Rep. Jabolko.

2 - Reasons
(1) Once a player returns after having their balance pruned, the government is likely to have already spent that player’s balance.
(2) This will counteract levying taxes against the hardworking citizens of Redmont.
(3) This will allow more removal of money from the economy.
(4) To amend the Taxation Act.

3 - Amendments
(1) Section 12 of the Taxation Act shall be amended as follows:

“(1) All players who have been inactive for at least 4 3 consecutive months will have the entirety of their personal balance transferred to the DCGovernment balance.​
(2) Upon request, the total of personal funds shall be returned to the citizen if they become active once again.​
(a) The Federal Reserve Bank shall be responsible for repaying the citizen these funds.”​
 
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I would like to change my vote to aye.
 
House Vote: 9-0-0
Senate Vote: 3-0-0
A
BILL
To

Amend the Taxation Act​

The people of the Commonwealth of Redmont, through their elected Representatives in the Congress and the force of law ordained to that Congress by the people through the constitution, do hereby enact the following provisions into law:

1 - Short Title and Enactment
(1) This Act may be cited as the ‘Tax Calculation Correction Act.'
(2) This Act shall be enacted immediately upon its signage.
(3) This Act has been authored by Representative xSyncx.
(4) This Act has been co-sponsored by Representative .McBrittle419.

2 - Reasons
(1) Tax is not collected as implied by the Taxation Act as the outlined system would require active tracking and logging of every offline player balance.
(2) The implemented system is only dependent on your last login and balance upon logging in. Money you received while offline is treated the same as money you had when you logged off.
(3) This change harmonises the two by amending the Taxation Act to reflect how tax is executed in-game.
(4) If a “formerly inactive” player wishes to avoid being taxed heavily on an incoming payment, they can log in to restart the tax cycle and then request the payment. Alternatively, if it is being deposited or paid forward - it can be managed via Discord.

Amend Section 4 of the Taxation Act
(1) Taxation brackets apply to Corporate and Personal Balance Taxes.
(2) The following brackets amounts are inclusive and shall be taxed at the following rates weekly:

Taxation BracketTaxation Rate (%)
$0.00 to $19,999.990
$20,000.00 to $49,999.991
$50,000.00 to $99,999.991.2
$100,000.00 to $199,999.991.4
$200,000.00+1.8
(3) The net time tax rate is calculated over the time between a player’s log-in and their previous log-in. The player’s Corporate and Personal Balance upon log-in is then subject to this tax rate.
 
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Presidential Assent

This bill has been granted assent and is hereby signed into law.

 

Presidential Assent

This bill has been granted assent and is hereby signed into law.

 
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