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Bill: Income tax proposal of November 2438
Details
Submitted by[?]: Free Movement of Gaduridos
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: July 2439
Description[?]:
| The Free Movement of Gaduridos propose to adjust the government's income tax policy to better address the economic situation of the Communist Dictatorship of Gaduridos. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 50
Current: 25
Proposed: 25
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 0
Current: 15
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 |
| > 50,000 GAD | 3% | 86,669,000,000 GAD |
| > 100,000 GAD | 7% | 262,803,000,000 GAD |
| > 200,000 GAD | 10% | 215,791,000,000 GAD |
| > 400,000 GAD | 25% | 130,465,000,000 GAD | Total | 695,728,000,000 GAD |
Debate
These messages have been posted to debate on this bill:
| Date | 05:35:15, August 04, 2007 CET | From | Free Movement of Gaduridos | To | Debating the Income tax proposal of November 2438 |
| Message | this, coupled with the other plan will keep the govt size in check and keep taxes low while havin more than enough for govt to function |
| Date | 16:27:36, August 04, 2007 CET | From | Communist Workers Party | To | Debating the Income tax proposal of November 2438 |
| Message | While a argree with artical 2 Im not going for the rest. |
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Voting
| Vote | Seats | |||||
| yes | Total Seats: 123 | |||||
| no | Total Seats: 0 | |||||
| abstain |
Total Seats: 312 |
| Random fact: "Jezvraljogadsrlji" means "Social" in the Jelbic languages. |
| Random quote: "Communism is like prohibition, it's a good idea but it won't work." - Will Rogers |