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Bill: Income tax proposal of February 2383
Details
Submitted by[?]: Freeminded People's Party
Status[?]: defeated
Votes: This bill proposes to change income taxes. It requires more than half of the legislature to vote yes. This bill will pass as soon as the required yes votes are in, or will be defeated if unsufficient votes are reached on the deadline.
Voting deadline: November 2383
Description[?]:
A substantial budgetary surplus exists that is not being put to use. Over 100 billion DRA are being taken in & not spent. The solution, the Government feels, is not more needless spending -- in fact, cuts in spending have been proposed -- but instead broadly-based tax reductions. This proposal reduces income taxes by 12%, the maximum possible at the moment without creating a deficit. Hopefully, if the new budgetary proposals are implemented, a further reduction in income taxes will follow. |
Proposals
Article 1
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 |
> 1 DRA | 22% | 780,073,000,000 DRA | Total | 780,073,000,000 DRA |
Debate
These messages have been posted to debate on this bill:
Date | 14:07:01, April 02, 2007 CET | From | Fascist Zealotry League | To | Debating the Income tax proposal of February 2383 |
Message | We feel that there is always something to spend a surplus on. For instance, an FZL affiliated construction company is busy developing five "Super Chambers" as we speak and I'm sure they'd love to receive a grant to help out with expenses. |
Date | 05:09:05, April 03, 2007 CET | From | Freeminded People's Party | To | Debating the Income tax proposal of February 2383 |
Message | We strongly urge the Golden Capitalists to support this proposal; they may wish for a larger reduction, but for now the choice is between a 25% rate of tax and a 22% rate -- the choice should be an easy one. This cannot pass without their support. |
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Voting
Vote | Seats | ||||
yes |
Total Seats: 221 | ||||
no | Total Seats: 235 | ||||
abstain |
Total Seats: 144 |
Random fact: Moderation will not accept Cultural Protocol updates which introduce, on a significant scale, cultures which are likely to be insufficiently accessible to players. In particular, for all significant cultures in Particracy, it should be easy for players to access and use online resources to assist with language translation and the generation of character names. Moderation reserves the right to amend Cultural Protocols which are deemed to have introduced significant cultures that are not sufficiently accessible and which are not being actively role-played with. |
Random quote: "Let us not seek to satisfy our thirst for freedom by drinking from the cup of bitterness and hatred." - Martin Luther King Jr. |