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Bill: Income tax proposal of February 2428
Details
Submitted by[?]: S.C.A.F.R.
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 2428
Description[?]:
The S.C.A.F.R. propose to adjust the government's income tax policy to better address the economic situation of the Republic of Aldegar. |
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 |
> 100 ACR | 4% | 895,000,000 ACR |
> 500 ACR | 6% | 1,678,000,000 ACR |
> 1,000 ACR | 8% | 4,475,000,000 ACR |
> 2,000 ACR | 11% | 15,954,000,000 ACR |
> 5,000 ACR | 13% | 19,326,000,000 ACR | Total | 42,328,000,000 ACR |
Debate
These messages have been posted to debate on this bill:
Date | 17:27:51, July 13, 2007 CET | From | S.C.A.F.R. | To | Debating the Income tax proposal of February 2428 |
Message | We propose a new bracket. We think that there's a difference between 2000 and 5000: it's impossible that peoples pay he same tax |
Date | 17:50:31, July 13, 2007 CET | From | Aldegar Freedom Party | To | Debating the Income tax proposal of February 2428 |
Message | Idealistically speaking, the only fair tax is no tax. That having been, in reality as opposed to ideology, the only fair tax that can logically exist is a flat tax. And even then, tax is a barely nessicary evil which should ultimately be minimalized through any means nessicary, even at the expense of innefficient, cash-grabbing social institutions like the welfare system, state schooling, public healthcare, etc, if not completely erradicated. In accordance with our fervent belief that tax is one of the greatest evils ever to befall a nation's personal economic situation, we of course reject this progressive tax proposal, opting for either a flat tax, or no tax. And we would like to, whilst on the topic, dispell a myth surrounding the flat tax theory: it seems to have become a common misconception that a flat tax favours the rich, and punishes the poor. Indeed, at first glance, this is what seems to be the case. But, to delve deeper into the morality behind the flat tax, the idea of fairness, it must be shown that, in this very simple equation, an individual's income is the only variable - not how much he is taxed. The individual's income is a direct product of his efforts, his skills and abilities, his determination to succeed. Through the very fundamental natural laws of competition, it is not the successful that should be punished for their success or the failures who should be rewarded for their lack thereof, but indeed the successful who should reap the consequent rewards and benefits of being successful and the failures who, in such decided absence of any reward, must be compelled to strive harder to acheive the same rewards - they must aspire to be successful and improve their situation through their own merits. By taxing every individual equally, the determined, the skillfull and the successfull will have incentive to continue to achieve, as they rightly should, and the less successfull will have an incentive to strive to be successfull. Because one earns more does not mean he should pay more - afterall, he who pays more in a progressive tax system inevitably uses less tax-payer funded social services than he who pays the least, and so logically, the most successful person will pay for the vast majority of the subsistance of the least successfull person. In this instance, there is no point in succeeding, as the more one succeeds, the more they must give away, and the less one succeeds, the more he will be given without having earned it. Either flat tax, or no tax. |
Date | 16:15:40, July 14, 2007 CET | From | Party of Moderates | To | Debating the Income tax proposal of February 2428 |
Message | You do realize that the increased leakage from the economy that this creates will cause economic decline, don't you? |
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Voting
Vote | Seats | ||||
yes | Total Seats: 279 | ||||
no |
Total Seats: 302 | ||||
abstain | Total Seats: 52 |
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