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Bill: Income tax proposal of September 2465
Details
Submitted by[?]: Stoic 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: February 2467
Description[?]:
| The Stoic Party propose to adjust the government's income tax policy to better address the economic situation of the Free Federation of Zardugal. |
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 ZAR | 8% | 45,905,000,000 ZAR |
| > 20,000 ZAR | 10% | 50,159,000,000 ZAR |
| > 30,000 ZAR | 12% | 73,282,000,000 ZAR |
| > 50,000 ZAR | 14% | 96,078,000,000 ZAR | Total | 265,424,000,000 ZAR |
Debate
These messages have been posted to debate on this bill:
| Date | 03:39:43, October 05, 2007 CET | From |  Stoic Party | To | Debating the Income tax proposal of September 2465 |
| Message | New Taxation to reach our new spending. Slightly graduated, but as close to flat as possible. The lower brackets may seem high but don't let the numbers fool you these are livable wages (meaning there is a big difference between US dollars and ZAR). |
| Date | 07:40:08, October 05, 2007 CET | From | Liberty Party | To | Debating the Income tax proposal of September 2465 |
| Message | "I'd like to sign this ASAP" ~Protector-General Rowan Payne |
| Date | 20:08:55, October 05, 2007 CET | From | Revolutionary Army Left Movement | To | Debating the Income tax proposal of September 2465 |
| Message | "With the expense cut we had why we should raise taxation?" F.Bertin |
| Date | 00:52:54, October 06, 2007 CET | From | Stoic Party | To | Debating the Income tax proposal of September 2465 |
| Message | The lower bracket incomes are only raised by a bit, but overall the taxes are cut tremendously, the highest use to be 85% now it is 14%. - Troyka Barren |
| Date | 01:29:03, October 06, 2007 CET | From | Stoic Party | To | Debating the Income tax proposal of September 2465 |
| Message | OOC: I need to have enough support before I send this to vote otherwise we are just wasting our time, So a consense would really help here guys. |
| Date | 03:20:58, October 06, 2007 CET | From | Liberty Party | To | Debating the Income tax proposal of September 2465 |
| Message | OOC: Communists, this is a massive cut. Astronomically massive. Long time coming too. Let's just get this passed. |
| Date | 04:48:04, October 06, 2007 CET | From | Libertad Party | To | Debating the Income tax proposal of September 2465 |
| Message | "You've got our party's support, Mr. Barren." -Donovan Christoph |
| Date | 10:34:21, October 06, 2007 CET | From | National Authoritarian Movement | To | Debating the Income tax proposal of September 2465 |
| Message | "The NAM will give support to this bill" ~ Hjalmar Schacht, NAM finance expert. |
| Date | 14:22:38, October 06, 2007 CET | From | Revolutionary Army Left Movement | To | Debating the Income tax proposal of September 2465 |
| Message | "just made a question, never said that i will vote no!" |
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Voting
| Vote | Seats | ||||||
| yes |
Total Seats: 238 | ||||||
| no | Total Seats: 0 | ||||||
| abstain |
Total Seats: 163 |
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