Scraping Inactive Accounts Act

Scraping Inactive Accounts Act

Author: mbh292

Passed by the Senate on 28 March 2025

Signed by the President on 31 March 2025

Preamble

Whereas, taxes can be used to balance the budget,

Whereas, taxing inactive accounts is the least impactful way to tax,

Whereas, there are plenty of accounts who claimed the stipend and went inactive,

Whereas, the current percentage based tax will leave crumbs behind for no reason,

Whereas, people’s taxes should not put them into debt,

THE SENATE OF SIMDEMOCRACY PROCLAIMS

Article 1 - Amendment to Compound Tax Plan Act 2025

§1. The following shall be added to Article 3: Wealth Tax Rate of the Compound Tax Plan Act 2025:

    “§4. If an account’s tax burden under the progressive wealth tax defined in §2. of this article amounts to less than 25 tau, a flat tax of 25 tau shall be levied instead on that account.
         §4.1. If the tax burden comes out to be higher than the total amount in the account, the total amount in the account shall be the tax burden instead.”