Ainin wrote:Just in case...Responsible Taxation Act
Author: Ainin [TR] | Urgency: Utmost | Sponsors: New Zepuha [PC], Free South Califas [CP], Malgrave [USLP]
The Senate of Aurentina,
Decrying the punitive regressive tax rates set in the Revenue and Spending Plan of 2013,
Striking out and rendering null and void all Value Added Taxes (VATs) from the aforementioned law,
Implementing the following tax rates effective immediately,
The Services and Goods Sales Tax (SGST)
Essential Goods and Services, defined as basic groceries, prescription drugs, tuition fees, public transportation fares, housing (both purchases and rent) and medical devices and services shall not be taxed.
Basic Grocery is defined as fresh, frozen, canned and vacuum sealed fruits and vegetables, breakfast cereals, most milk products, fresh meat, poultry, grain products and fish, with further clarity to be affirmed by the Ministry of Commerce.
Prescription drug is defined as a drug prescribed by a licensed physician acting in official capabilities.
Tuition fee is defined as the cost of attending a pre-elementary, elementary, secondary, tertiary or other licensed educational facility.
Public transportation fare is defined as the charged price for using a bus, train, metro, tramway, LRT or minibus owned by a public transportation commission approved by the Transportation Ministry.
Medical service and device is defined as a healthcare-related expenditure or good, to be further defined by the Ministry of Health.
Secondary Goods and Services, defined as foodstuffs not included in "basic groceries" or "restricted products", street clothing, all consumer-targeted forms of gas and oil for commercial and fleet driving, electronics, entertainment devices, media and all other consumer-oriented products not covered by other categories, are taxed at 5% of selling price.
Gas and oil is defined as products obtainable at a standard gas station (petrol, diesel, etc.), natural gas, heating oil and cooking oil.
Street clothing is defined as clothing destined for everyday life.
Electronics are defined as electronic equipment intended for everyday use, most often in entertainment, communications and office productivity, and accessories thereof.
Entertainment devices are defined as machines used for consumer entertainment, and accessories thereof, to be further defined by the Ministry of Telecommunications.
Media is defined as services relating to the consumer entertainment industry, along with all forms of distribution of moving pictures, images, televised series, video, and the storage devices thereof.
Luxury Goods and Services, defined as items not needed for everyday life, such as designer clothing, jewellery, motor vehicles, hotel fees, residential property above the value of £2,000,000 and other products and services deemed so by the Ministry of the Exchequer are to be taxed at 12.5% of selling price.
Restricted Products, defined as products restricted by drug and firearms control legislation, and accessories thereof, are to be taxed 15% of selling price.
Tobacco (and products derived thereof) are exempt from the SGST.
(Sorry for the word). Really? And that is the tax we are giving it? It should have like a 500% tax rate. And those drugs should be illegal if we really want a functional society.
Thank you. That's much better. We could have avoided all this argument since the beginning.