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Bill: Taxation Reform Act
Details
Submitted by[?]: Union of Work-Shy Elements
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: October 2416
Description[?]:
| The Mugitath Erresakra Lauti propose to adjust the government's taxation policy to better address the economic situation of Kundrati. |
Proposals
Article 1
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 3
Current: 6
Proposed: 10
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 7
Current: 50
Proposed: 10
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 |
| > 40,000 KUN | 15% | 282,221,000,000 KUN | Total | 282,221,000,000 KUN |
Debate
These messages have been posted to debate on this bill:
| Date | 00:44:01, June 19, 2007 CET | From | Perez Party | To | Debating the Taxation Reform Act |
| Message | This is a joke. What we need are tax CUTS not increases. Even after the Essential Goods Tax Reform which more then slashed the Essentials Goods Tax in half, we are still working with a very high budget surplus. Keep the economy strong, return the wealth to the people. |
| Date | 01:21:42, June 19, 2007 CET | From | Union of Work-Shy Elements | To | Debating the Taxation Reform Act |
| Message | What the sweet zombie Jesus are you talking about? This bill cuts income tax by 54,734,694,887 KUN. How can you possibly regard an almost 55 billion Kuno reduction in personal taxation as an increase? |
| Date | 05:03:05, June 19, 2007 CET | From | Alderdath Rabrati Konciralati Erradikati | To | Debating the Taxation Reform Act |
| Message | We oppose the increase of taxation on corporations, but other than that we are fine with this bill. |
| Date | 05:21:40, June 20, 2007 CET | From | Demkratteja Lebraleiju Kundratatka | To | Debating the Taxation Reform Act |
| Message | What a joke, what was wrong with the Minacello reforms |
| Date | 06:19:56, June 20, 2007 CET | From | Perez Party | To | Debating the Taxation Reform Act |
| Message | Agreed, the current Income Tax policy is great and helps create a more progressive Income Tax policy. We have already submitted a bill that deals with cutting Corporate and both Sales taxes. |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 87 | |||
| no | Total Seats: 94 | |||
| abstain | Total Seats: 78 |
| Random fact: In general, role-play requires the consent of all players. |
| Random quote: "It is the mark of an educated mind to be able to entertain a thought without accepting it." - Aristotle |