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Bill: Income tax proposal of July 2444
Details
Submitted by[?]: Moralist Liberal 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 pass as soon as the required yes votes are in, or will be defeated if unsufficient votes are reached on the deadline.
Voting deadline: January 2446
Description[?]:
The Moralist Liberal Party propose to adjust the government's income tax policy to better address the economic situation of the Independent Wantuni 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 WAN | 2% | 22,859,000,000 WAN |
> 30,000 WAN | 3% | 38,231,000,000 WAN |
> 60,000 WAN | 5% | 42,421,000,000 WAN |
> 100,000 WAN | 8% | 37,724,000,000 WAN | Total | 141,235,000,000 WAN |
Debate
These messages have been posted to debate on this bill:
Date | 00:29:48, August 20, 2007 CET | From | Moralist Liberal Party | To | Debating the Income tax proposal of July 2444 |
Message | This is the improved proposed tax bill. Those in the lowest bracket pay less, as do those in the second lowest. It will bring 8, 560, 000, 000 more in revenue, and encourage spending in the two lowest brackets. |
Date | 08:05:02, August 20, 2007 CET | From | Radical Wantunism Cult | To | Debating the Income tax proposal of July 2444 |
Message | Why should those that are blessed by God with great fortune be penalized by the government? Definitely declined. |
Date | 21:17:31, August 20, 2007 CET | From | Federalists Party | To | Debating the Income tax proposal of July 2444 |
Message | We lean towards a flat tax, but this proposal isn't so radical as to warrant our opposition. |
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Voting
Vote | Seats | ||||
yes |
Total Seats: 270 | ||||
no |
Total Seats: 174 | ||||
abstain | Total Seats: 56 |
Random fact: Particracy does not allow role-play that seems to belong to the world of fantasy, science fiction and futuristic speculation. |
Random quote: "The state is nothing but an instrument of oppression of one class by another, no less so in a democratic republic than in a monarchy." - John Smith |