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Bill: Tax Breaks
Details
Submitted by[?]: Free Movement of Gaduridos
Status[?]: defeated
Votes: This bill proposes to change income taxes. It requires more than half of the legislature to vote yes. This bill will not pass any sooner than the deadline.
Voting deadline: October 2358
Description[?]:
| The Free Movement of Gaduridos propose to adjust the government's income tax policy to better address the economic situation of the Grand Ascendancy of Gaduridos. Because we believe people should keep more of there hard earned money |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 18
Current: 25
Proposed: 16
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 3
Current: 15
Proposed: 1
Article 3
We propose to alter income tax brackets to the following setup. Information about the current income tax system can be found here.
| Bracket | Tax | Estimated Revenue |
| > 10,000 GAD | 6% | 34,887,000,000 GAD |
| > 20,000 GAD | 13% | 37,795,000,000 GAD |
| > 25,000 GAD | 15% | 43,609,000,000 GAD |
| > 30,000 GAD | 21% | 366,317,000,000 GAD |
| > 60,000 GAD | 27% | 625,179,000,000 GAD |
| > 100,000 GAD | 31% | 1,167,016,000,000 GAD |
| > 200,000 GAD | 48% | 1,289,485,000,000 GAD | Total | 3,564,288,000,000 GAD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes | Total Seats: 182 | |
| no |
Total Seats: 102 | |
| abstain |
Total Seats: 151 |
| Random fact: Moderation reserves the discretion to declare RP laws invalid if the players supporting them are doing so in an excessively confrontational way. |
| Random quote: “Where would the weapons and equipment come from once you've banned the defence industry? Will we be defended by all your hippy people hurling potatoes and cabbages?” - Margaret Woodhall, former Dranian politician |