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Bill: Income tax proposal of September 2390
Details
Submitted by[?]: Marxist Peoples Party
Status[?]: passed
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: July 2391
Description[?]:
The Marxist Peoples Party propose to adjust the government's income tax policy to better address the economic situation of the Commonwealth of Telamon. |
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 |
> 2,000 TPD | 5% | 5,237,000,000 TPD |
> 4,000 TPD | 10% | 6,712,000,000 TPD |
> 6,000 TPD | 15% | 5,015,000,000 TPD |
> 8,000 TPD | 20% | 4,582,000,000 TPD |
> 10,000 TPD | 40% | 5,581,000,000 TPD |
> 12,000 TPD | 50% | 3,161,000,000 TPD |
> 14,000 TPD | 65% | 2,232,000,000 TPD |
> 16,000 TPD | 78% | 2,679,000,000 TPD |
> 18,000 TPD | 90% | 2,554,000,000 TPD | Total | 37,753,000,000 TPD |
Debate
These messages have been posted to debate on this bill:
Date | 22:47:01, April 17, 2007 CET | From | Marxist Peoples Party | To | Debating the Income tax proposal of September 2390 |
Message | This bill is part of phase one of my wealth redistribution plan. The top brackets and the bottom brackets have been merged into one and the middle brackets have become the new upper class, whose wealth will be redistributed in phase two. |
Date | 00:54:39, April 18, 2007 CET | From | Imperialist Party | To | Debating the Income tax proposal of September 2390 |
Message | I'll vote for it, even though I'm not a fan of tax cuts. |
Date | 01:21:05, April 18, 2007 CET | From | Republican Party | To | Debating the Income tax proposal of September 2390 |
Message | how can you tax 90% of someones income, what is the fairness of that |
Date | 04:32:45, April 18, 2007 CET | From | Marxist Peoples Party | To | Debating the Income tax proposal of September 2390 |
Message | it is part of the redistribution program, they become the new lower class which will benefit from the next redistribution, which will completly redistribute wealth. I thank the imperialist party for their support |
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Voting
Vote | Seats | |||||||
yes | Total Seats: 308 | |||||||
no | Total Seats: 0 | |||||||
abstain |
Total Seats: 293 |
Random fact: The players in a nation have a collective responsibility to ensure their "Bills under debate" section is kept in good order. Bills which are irrelevant or have become irrelevant should be deleted. Deletion can be requested for bills proposed by inactive parties on the Bill Clearout Requests thread: http://forum.particracy.net/viewtopic.php?f=11&t=4363 |
Random quote: "[The people] may forget what you said, but they will never forget how you made them feel." - Carl W. Buechner |