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Bill: Income tax proposal of November 2430
Details
Submitted by[?]: Union for Social Justice
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: March 2432
Description[?]:
The Union for Social Justice propose to adjust the government's income tax policy to better address the economic situation of the Cildanian Republic. |
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 |
> 10,000 CDC | 1% | 8,183,000,000 CDC |
> 25,000 CDC | 2% | 14,606,000,000 CDC |
> 50,000 CDC | 3% | 9,672,000,000 CDC |
> 75,000 CDC | 4% | 6,703,000,000 CDC |
> 100,000 CDC | 5% | 2,631,000,000 CDC | Total | 41,795,000,000 CDC |
Debate
These messages have been posted to debate on this bill:
Date | 04:24:48, July 19, 2007 CET | From | Union for Social Justice | To | Debating the Income tax proposal of November 2430 |
Message | This new tax policy will help make our republic more egalitarian and gives the government revenues to pay for important programs. It does not lead to excessive taxation. The total 50,000,000,000 is only 1 2/3% of the GDP of Cildania |
Date | 04:41:36, July 19, 2007 CET | From | Social Democratic Future Party | To | Debating the Income tax proposal of November 2430 |
Message | The SDF once again supports this USJ bill. |
Date | 05:08:19, July 19, 2007 CET | From | Union for a Responsible Republic | To | Debating the Income tax proposal of November 2430 |
Message | We oppose this bill. As we said, we do not need tax increases at this time. There needs to be a period of evaluation and discussion about budget priorities and needs before we start removing capital from the marketplace. |
Date | 15:57:40, July 19, 2007 CET | From | Reform Party | To | Debating the Income tax proposal of November 2430 |
Message | Well, the capital isn't really being removed. It's just a temporary leakage that fuels injections known as government spending. |
Date | 15:25:29, July 20, 2007 CET | From | Reform Party | To | Debating the Income tax proposal of November 2430 |
Message | We have decided to go against this in support of a sales tax based system. |
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Voting
Vote | Seats | ||||
yes | Total Seats: 34 | ||||
no |
Total Seats: 391 | ||||
abstain | Total Seats: 0 |
Random fact: When you join the game, you will find yourself with only zero seats. That's because your party's representatives haven't been elected yet. You need to establish your party's position on issues by proposing several bills that your party wants passed and sending them to vote. This raises your visibility and if you do it enough, you will win seats at the next election. |
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