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Bill: Flat tax proposal of October 2445
Details
Submitted by[?]: Libertarian Democrats
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: June 2446
Description[?]:
| The Libertarian Conservative Party proposes to adjust the government's income tax policy to better address the economic situation of the Federal Republic of Kalistan. A flat tax of 15% for anyone who makes over 40,000 KRB. |
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 |
| > 40,000 KRB | 15% | 909,340,000,000 KRB | Total | 909,340,000,000 KRB |
Debate
These messages have been posted to debate on this bill:
| Date | 19:24:52, August 22, 2007 CET | From | Revolutionary Freedom Party -- KEG SLAM | To | Debating the Flat tax proposal of October 2445 |
| Message | Cutting taxes on the rich by raising taxes on the poor. . .why am I not surprised. |
| Date | 19:27:39, August 22, 2007 CET | From | Revolutionary Freedom Party -- KEG SLAM | To | Debating the Flat tax proposal of October 2445 |
| Message | You also dont' have the authority to propose it. http://particracy.wikia.com/wiki/Introduction_to_Kalistani_Politics |
| Date | 21:33:30, August 22, 2007 CET | From | Pansexual Peace Party -- FNORD | To | Debating the Flat tax proposal of October 2445 |
| Message | OOC: He has a point, BA. This might be a good case for the Constitutional Court. Would you mind holding off on this until we can get the court back together and RP some good legal action? |
| Date | 07:59:38, August 23, 2007 CET | From | Revolutionary Freedom Party -- KEG SLAM | To | Debating the Flat tax proposal of October 2445 |
| Message | There is a court seated, bring up the case |
| Date | 16:23:33, August 23, 2007 CET | From | Libertarian Democrats | To | Debating the Flat tax proposal of October 2445 |
| Message | "Cutting taxes on the rich by raising taxes on the poor. . .why am I not surprised." 40,000 KRB a year is poor? This flat tax is loosely based on Milton Friedman's negative income tax: http://en.wikipedia.org/wiki/Negative_income_tax. Anyone making less than 40,000 KRB pays no taxes. As to the legality of my proposal, I don\'t think it matters, S-Club hasn't voted lately and it needs 375+ to pass. However, I think the law should be revised to allow anyone to bring up legislation regarding taxes and budgets. |
| Date | 19:42:33, August 23, 2007 CET | From | Revolutionary Freedom Party -- KEG SLAM | To | Debating the Flat tax proposal of October 2445 |
| Message | Let' s take those in reverse order. 1) There is a quirk in the game rule that allows anyone to bring up a tax budget rule, when it's supposed to be the Minister of Finance with that ability. We took a vote and decided that we would have it the way it's actually origionally intended to be. If you want to change it, bring it up as an amendment. (IT's not listed anywhere. Just do an RP bill post saying what you're doing, then we vote on it.) Okay, I just checked, and 40,000 is actually the highest bracket. So, I did misread your origional intent. I thought you simply wanted to cut taxes on the rich and balance it by raising taxes on the poor. In actuality, you want to cut 1.049 trillion KRU from the budget, more than 90% of the entire operating budget of government. So what you actually want to do is to implement the tax, and then gut everything in government (let me guess , except for the military and the parts that assist corporate interests.) So you were planning to let the poor suffer and die homeless, cold and hungry on the streets after kicking them out the back door, rather than the front door. |
| Date | 20:13:49, August 23, 2007 CET | From | Libertarian Democrats | To | Debating the Flat tax proposal of October 2445 |
| Message | > 40,000 KRB 15% 1,073,323,000,000 KRB Anyone making over 40,000 KRB has to pay a 15% flat tax equaling 1,073,323,000,000 KRB in taxes, 23 billion more than the current tax system provides. The current system provides 1,050,620,000,000 KRB. My original intent was to provide a more fair tax system. To get rid of the old system which unduly punishes the rich with around a 40% tax rate. That high of tax is absurd. |
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Voting
| Vote | Seats | |||
| yes |
Total Seats: 338 | |||
| no |
Total Seats: 331 | |||
| abstain | Total Seats: 81 |
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