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Bill: Income tax proposal of December 2405
Details
Submitted by[?]: Fascist 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 not pass any sooner than the deadline.
Voting deadline: August 2406
Description[?]:
| The Proud Fascist Party propose to adjust the government's income tax policy to better address the economic situation of the République Democratique de Saridan. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 10
Current: 10
Proposed: 50
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 0
Current: 21
Proposed: 50
Article 3
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 SAD | 5% | 25,470,000,000 SAD |
| > 20,000 SAD | 10% | 45,633,000,000 SAD |
| > 40,000 SAD | 85% | 139,956,000,000 SAD |
| > 60,000 SAD | 90% | 32,862,000,000 SAD |
| > 80,000 SAD | 95% | 3,722,000,000 SAD | Total | 247,643,000,000 SAD |
Debate
These messages have been posted to debate on this bill:
| Date | 13:40:02, May 18, 2007 CET | From |  Fascist Party | To | Debating the Income tax proposal of December 2405 |
| Message | This is in preparation for a vast increase in spending |
| Date | 13:41:04, May 18, 2007 CET | From | Sinistra Europea Communist Party - P.R.C | To | Debating the Income tax proposal of December 2405 |
| Message | I think this won't be the better solution to adjust the income policy.. if a person has 80.000 sad his salary will be 4.000.. compared to a person with 10.000 whose salary will be 9.500.. |
| Date | 13:44:14, May 18, 2007 CET | From | Fascist Party | To | Debating the Income tax proposal of December 2405 |
| Message | The point is to stop people being paid such massive wages, as there is little need for such high earnings, and they will only lead to decadence |
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Voting
| Vote | Seats | |||
| yes |
Total Seats: 157 | |||
| no | Total Seats: 63 | |||
| abstain |
Total Seats: 80 |
| Random fact: The people in your nation don't like inactive parties. When you often abstain from voting for a bill, they will dislike your party and your visibility to the electorate will decrease significantly. Low visibility will means you are likely to lose seats. So keep in mind: voting Yes or No is always better than Abstaining. |
| Random quote: "God creates men, but they choose each other." - Niccolo Machiavelli |