Page 1 of 1

Levy the Land Tax for June.

Posted: Fri Jun 04, 2010 3:10 pm
by Erik Mortis
Since May's land tax levy failed, I'll try again for June.

Aye would levy the Land Tax, under LB: XIII. G. 2.
Nay would levy no Land Tax.

Estimated revenues for the Imperial Treasury are 475€, a 50€ decrease from estimates for what would have been earned had we levied the tax last month.

-Estmated Taxes by House
House Annexis: 75€
House Kalirion: 100€ (if the merging of Cimmeria and Bjorngard occurs before this tax is levied, house Kalirion would pay an additional 25€)
House Kildare: 125€
House Mortis 125€
House House Tessier-Ashpool: 50€

While the overall tax is minor, if we continue to levy this tax once a month it will help offset the spending of the Imperial Government, and prevent the need for a larger tax later.

Re: Levy the Land Tax for June.

Posted: Fri Jun 04, 2010 3:10 pm
by Erik Mortis
House Mortis, AYE.

Re: Levy the Land Tax for June.

Posted: Fri Jun 04, 2010 3:14 pm
by Daniel Farewell
I see no reason for taxes at the moment.

Re: Levy the Land Tax for June.

Posted: Fri Jun 04, 2010 3:16 pm
by Kaiseress Anandja II

Re: Levy the Land Tax for June.

Posted: Fri Jun 04, 2010 3:18 pm
by Daniel Farewell
OK :P But I read somewhere that we have 20 000 in crown account anyway.

Re: Levy the Land Tax for June.

Posted: Fri Jun 04, 2010 3:22 pm
by Kaiseress Anandja II
19 000 iirc.

19 000 - 4 200 = 14 800

14 800 + 475 = 15 275

To make up for the bounties only and put us back at or near 19 000, we need to do the Land Tax for nine months, while spending nothing.

Re: Levy the Land Tax for June.

Posted: Fri Jun 04, 2010 3:24 pm
by Erik Mortis
This is a preventative tax. One I hope to levy EACH month. If we levy a small tax monthly, we don't have to do a large later.

Shirithian Imperial Treasury 19200.00

Okey. If we keep issuing 4000€ in bounties we'll be empty in 4.8 bounties. Now. Take into account new cit bounties, other expenses...etc. That could be a lot less. Say we only bounty monthly and only get one or two cits. We have 4 months till the Imperial Government is empty.

If we levy this tax monthly that's 500 a month. That maybe buys us a month or two till we are empty.

So in actuality, this tax isn't even close to sufficient. But it's something.

Remember the uproar when I tried to levy a 2500€ per duchy tax? We had 7000 erb left in the treasury. That tax brought us to are present levels, well higher. But We damn near had a rebellion over the tax.

This tax is both fair, small and necessary if we wish to keep giving out bounties, and having an economy in this nation. We must levy it monthly, and we must find more taxes of a similar nature.

Re: Levy the Land Tax for June.

Posted: Fri Jun 04, 2010 3:25 pm
by Daniel Farewell
In that case, my Ladies and Gentlemen, we need a budget.

Re: Levy the Land Tax for June.

Posted: Fri Jun 04, 2010 3:26 pm
by Daniel Farewell
FFS

KALIR VOTES AYE.

Re: Levy the Land Tax for June.

Posted: Fri Jun 04, 2010 3:27 pm
by Erik Mortis
I agree, we do need a budget. I've been trying to push for one for ages.

Re: Levy the Land Tax for June.

Posted: Fri Jun 04, 2010 3:28 pm
by Kaiseress Anandja II
Trying to get a budget through is very hard since it's near impossible to estimate the amount of Erb a ministry might need.

Re: Levy the Land Tax for June.

Posted: Fri Jun 04, 2010 8:27 pm
by Andreas the Wise
I vote AYE to levy the tax. On the amount of bounties, I would note that bounties have not been issued for months. As I recall, they tended to be issued every month or two and normally were around 3000. It's bigger this time because it's been so long.

Re: Levy the Land Tax for June.

Posted: Sat Jun 05, 2010 7:36 pm
by Erik Mortis
Maybe we should make the Levy of this tax, and the Issue of Bounties monthly, and bounties be based on the income from this tax?

Re: Levy the Land Tax for June.

Posted: Sat Jun 05, 2010 9:23 pm
by Erik Mortis
This passes, btw, 3-0-0.

How should we go about implementing this tax? Do we have the Minitrade announce and handle it?