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Bill: Income tax proposal of January 2469

Details

Submitted by[?]: AM Radical Libertarian Party

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: April 2470

Description[?]:

The AM Radical Libertarian Party propose to adjust the government's income tax policy to better address the economic situation of the Axis Mundi Likatonian Res Publica.

Proposals

Debate

These messages have been posted to debate on this bill:

Date17:59:58, October 11, 2007 CET
FromAM Radical Libertarian Party
ToDebating the Income tax proposal of January 2469
MessageThe existing 4% tax on over 30,000 is raising 2,247,294,536 LIK; we have a current surplus of 5,796,890,603 LIK. Therefore, we cam remove the last vestige of the triple taxation system of taxing income when it is produced at the corporate level, when it is distributed as an income tax, and when it is spent as a sales tax and set it down to only double taxation.

Date20:57:23, October 11, 2007 CET
FromCommonwealth Workers Army
ToDebating the Income tax proposal of January 2469
MessageWe believe the AM RLP accidentally missed out some digits in their '100%'.

Date21:50:04, October 11, 2007 CET
From Likaton Coalition of the Willing
ToDebating the Income tax proposal of January 2469
MessageFully support

Date00:43:02, October 12, 2007 CET
FromKapitalist-Arbeitsfamilien Partei
ToDebating the Income tax proposal of January 2469
Message
Although we believe that Middle class and poor families should pay NO INCOME TAXES, this bill takes tax obligation away from the wealthy. We believe that all families making what is equivalent to $100,000 a year should pay a 20% Flat tax and everyone else below pays nothing.

Date14:19:02, October 12, 2007 CET
FromAM Radical Libertarian Party
ToDebating the Income tax proposal of January 2469
MessageAMSDP - 1% or 100% makes no difference as we have no tax base above 1,000,000 LIK. We only put that in because the mechanics of taxation requires at least one bracket.

CWFP - As we currently have a high sales tax on non-essential goods and no tax on essential ones, the upper income families will be paying a much greater share of the taxes since their higher disposable income allows them more purchases of taxabel items than the poor and middle class.

Date02:07:16, October 13, 2007 CET
FromKapitalist-Arbeitsfamilien Partei
ToDebating the Income tax proposal of January 2469
Message
We vote no. Would rather the Corporate tax on profits be reduced dramatically or abolished.

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Voting

Vote Seats
yes
   

Total Seats: 250

no
   

Total Seats: 355

abstain
  

Total Seats: 61


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