Seeing as house the auction house now collects a tax on luxury art trades, which are trades defined as auctions that have a “matching” price of that of 10 or more bank.;
Knowing that the World assembly should be financially responsible and transparent in how it receives its fund and how those funds are spent;
Hereby declares that an organization henceforth known as the Central Cards Committee known as CCC for short be created for the allocation of funds collected and to decide in which ways they are spent;
The CCC will be initially funded by the X bank collected in tax up to this point from the taxation of the international artwork auction house;
Further, the CCC will release quarterly reports containing both the amount of tax collected thus far and how it has and will be spent in future reports;
The CCC will appoint and be self-governing with the world assembly oversight employing the following: Bookkeepers, inflation busters, art authenticators and Tax collectors. Funding for this is made possible by the taxes collected.
Furthermore establishing several preliminary tasks that the CCC should undertake, tasks that include but are not limited to upkeeping the auction house as a safe space for nations of all sorts to conduct business with one another in the art market, the payment of the artists who mint new works of art that are traded by nations, and the creation of a fund to remove the artworks of nations condemned by this body and to promote the art of those commended by it.
Co-Authors: New Sunville and New Makasta
This is our first draft of a declaration on where the tax goes for all large-scale card sales. For those who do not know recently added was a "luxury" tax it sits at 10% of the sale price above 10 bank meaning that if you spend 100 on a card you end up paying 9 bank in tax. While the site does not directly track this statistic (outwardly at least it may be internally) I have added to my discord bot in the public cards server the ability to look back and calculate the tax up to the current point in time. At this time there has been 14,134.51 bank spent on tax. My goal is to update X with the current amount of bank at the time of submitting the proposal to the floor allowing for it to be the most up-to-date number.
All feedback is welcome we all know I can't spell to save my life.