We are working on a brand new version of the game! If you want to stay informed, read our blog and register for our mailing list.
Bill: Income tax proposal of January 2451
Details
Submitted by[?]: Great Trigunia 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: September 2451
Description[?]:
The Great Trigunia Party propose to adjust the government's income tax policy to better address the economic situation of the Trigunskaya Sovetskogo Soyuza. |
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 |
> 5,000 TRA | 5% | 3,756,000,000 TRA |
> 10,000 TRA | 5% | 994,000,000 TRA |
> 15,000 TRA | 5% | 232,000,000 TRA | Total | 4,982,000,000 TRA |
Debate
These messages have been posted to debate on this bill:
Date | 17:38:56, September 05, 2007 CET | From | Great Trigunia Party | To | Debating the Income tax proposal of January 2451 |
Message | The GTP's Finance Minister has inspected the income distribution of our country: it seems that absolutely none of our citizens have an income of over 20 000, and most have an income around 5 000. Hence we think that taxing everything over 5 000 at 5% and adding 5% more for every 5 000 after that, will be a relatively safe thing to do. It is certainly not too high, so it won't choke the economy, and it is also not too low to be insufficient. We intend this to be a non-partisan proposal, and hope to be supported. |
Date | 19:44:49, September 05, 2007 CET | From | TSDRP | To | Debating the Income tax proposal of January 2451 |
Message | OOC: You'd have to make it > 5,000 TRA 5% > 10,000 TRA 10% > 15,000 TRA 15% What you've currently got there would make it 5% for everyone, so if doing that you might as well make it > 5,000 TRA 5% |
Date | 20:02:35, September 05, 2007 CET | From | Great Trigunia Party | To | Debating the Income tax proposal of January 2451 |
Message | OOC: The brackets are given as ">$xxx", which implies something else. It also makes more sense if you have marginal income taxation in mind. |
Date | 21:56:06, September 05, 2007 CET | From | TSDRP | To | Debating the Income tax proposal of January 2451 |
Message | OOC: But that's not how it works. As proved by my other taxation bill |
Date | 23:23:05, September 06, 2007 CET | From | Great Trigunia Party | To | Debating the Income tax proposal of January 2451 |
Message | Ah well, we have a flat tax then. Hooray, Trigunia is a trend setter :D |
subscribe to this discussion - unsubscribe
Voting
Vote | Seats | ||||
yes | Total Seats: 41 | ||||
no | Total Seats: 20 | ||||
abstain | Total Seats: 14 |
Random fact: Jelbic = "Group of cultures with an overall Central Asian/Eurasian steppe theme, using a fictional language developed specifically for Particracy". |
Random quote: "I don’t have facts to back this up." - Herman Cain |