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Bill: Income tax proposal of May 2397
Details
Submitted by[?]: Axis Sekowo Deific Aretist 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: July 2398
Description[?]:
| We propose a flat tax of 3% to encourage work, investment, and the accumulation of wealth in Sekowo. Instead of the regimented system of marginal rates heretofore seen in this nation, this new scheme will provide incentives, not impediments, for citizens to be industrious and not punish successful members of our society for their incomes. No more shall a tyrannical state engage in such uncontrolled thievery of the hard-earned incomes of our people! We leave a small tax-free bracket to protect the very poorest among us. |
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 |
| > 500 SEK | 3% | 18,450,000,000 SEK | Total | 18,450,000,000 SEK |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||
| yes | Total Seats: 169 | ||
| no |
Total Seats: 162 | ||
| abstain |
Total Seats: 169 |
| Random fact: Moderation will not approve a Cultural Protocol request within the first 48 hours of it being requested. This is in order to give other players a chance to query the proposed changes, if they wish to do so. Moderation may be approached for advice on a proposed change, but any advice proffered should always be understood under the provisio that no final decision will be made until at least 48 hours after the request has been formally submitted for approval. |
| Random quote: "If the Third World War is fought with nuclear weapons, the fourth will be fought with bows and arrows." - Louis Mountbatten |