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Bill: Income tax proposal of October 2401
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: June 2402
Description[?]:
| The Free Movement of Gaduridos propose to adjust the government's income tax policy to better address the economic situation of the People's Executorship of Gaduridos. |
Proposals
Article 1
Proposal[?] to change Sales tax on luxury goods.
Old value:: 0
Current: 15
Proposed: 8
Article 2
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 | 3% | 17,439,000,000 GAD |
| > 20,000 GAD | 6% | 17,439,000,000 GAD |
| > 25,000 GAD | 9% | 26,158,000,000 GAD |
| > 30,000 GAD | 12% | 209,266,000,000 GAD |
| > 60,000 GAD | 15% | 347,224,000,000 GAD |
| > 100,000 GAD | 18% | 677,473,000,000 GAD |
| > 200,000 GAD | 21% | 564,424,000,000 GAD | Total | 1,859,423,000,000 GAD |
Debate
These messages have been posted to debate on this bill:
| Date | 00:18:37, May 10, 2007 CET | From | Free Movement of Gaduridos | To | Debating the Income tax proposal of October 2401 |
| Message | We can't expect the people of this nation to pay 99% of there income |
| Date | 17:48:28, May 10, 2007 CET | From | Gaduri Resistencia | To | Debating the Income tax proposal of October 2401 |
| Message | It would be 100%, if it were possible. Anyway, as all goods are free under the communist regime, there's no point taxing them. |
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Voting
| Vote | Seats | |||||
| yes | Total Seats: 96 | |||||
| no |
Total Seats: 339 | |||||
| abstain | Total Seats: 0 |
| Random fact: Zardugal is a nation based on the old Byzantine Empire, with a modern twist and the Esperanto language. Zardugal is located on the continent of Majatra. |
| Random quote: "We need a new environmental consciousness on a global basis. To do this, we need to educate people." - Mikhail Gorbachev |