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Bill: Income tax proposal of February 2402
Details
Submitted by[?]: All-Indrala National League
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: October 2402
Description[?]:
| The All-Indrala National League propose to adjust the government's income tax policy to better address the economic situation of the State of Indrala. |
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 |
| > 28,000 INS | 8% | 280,232,000,000 INS |
| > 115,000 INS | 12% | 134,020,000,000 INS | Total | 414,252,000,000 INS |
Debate
These messages have been posted to debate on this bill:
| Date | 09:39:18, May 11, 2007 CET | From | Indrala One Party | To | Debating the Income tax proposal of February 2402 |
| Message | We do not agree with this policy as it will be detrimental to our economy. |
| Date | 18:45:53, May 11, 2007 CET | From | All-Indrala National League | To | Debating the Income tax proposal of February 2402 |
| Message | Would you care to explain how this will be detrimental to our economy? We are reducing the tax revenues of the government without cutting spending, we are removing a ridiculously complicated tax code where some brackets covered less that 0.5% of the populaton. This tax code will be far easier for our citizens to follow and should result in more investment and consumption which should increase jobs and help our economy grow. |
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Voting
| Vote | Seats | ||||
| yes | Total Seats: 79 | ||||
| no |
Total Seats: 523 | ||||
| abstain | Total Seats: 147 |
| Random fact: Particracy does not allow real-life brand names (eg. Coca Cola, McDonalds, Microsoft). However, in the case of military equipment brand names it is permitted to use simple number-letter combinations (eg. T-90 and F-22) borrowed from real life, and also simple generic names, like those of animals (eg. Leopard and Jaguar). |
| Random quote: "It only takes 20 years for a liberal to become a conservative without changing a single idea." - Robert Anton Wilson |