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Bill: RP Fair Income Tax Proposal
Details
Submitted by[?]: Republican 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 2395
Description[?]:
The Republican Party propose to adjust the government's income tax policy to better address the economic situation of the Commonwealth of Telamon. This is the fairest way to tax the people. Everyone worked just as hard for there money. No one should be tax more than someone else just because they make more. The poorest people of our nation are recieving a tax break so they can get on the feet and become the leaders of this great nation. Tax cuts help our economy and our people. |
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 | 4% | 4,193,000,000 TPD |
> 4,000 TPD | 10% | 6,718,000,000 TPD |
> 6,000 TPD | 10% | 3,346,000,000 TPD |
> 8,000 TPD | 10% | 2,292,000,000 TPD |
> 10,000 TPD | 10% | 1,395,000,000 TPD |
> 12,000 TPD | 10% | 632,000,000 TPD |
> 14,000 TPD | 10% | 343,000,000 TPD |
> 16,000 TPD | 10% | 343,000,000 TPD |
> 18,000 TPD | 10% | 283,000,000 TPD | Total | 19,545,000,000 TPD |
Debate
These messages have been posted to debate on this bill:
Date | 14:56:10, April 22, 2007 CET | From | United Liberal Alliance | To | Debating the RP Fair Income Tax Proposal |
Message | This is a far better tax system than the one we currently have, we have no problem in supporting this! |
Date | 06:56:10, April 25, 2007 CET | From | Imperialist Party | To | Debating the RP Fair Income Tax Proposal |
Message | This bill will create a massive deficit. |
Date | 04:16:19, April 26, 2007 CET | From | Republican Party | To | Debating the RP Fair Income Tax Proposal |
Message | Not if you and the other parties stop trying to increase the spending budget. |
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Voting
Vote | Seats | ||||
yes |
Total Seats: 308 | ||||
no | Total Seats: 252 | ||||
abstain | Total Seats: 41 |
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