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Bill: Income tax proposal of September 2472
Details
Submitted by[?]: Catholic Workers Union
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: May 2473
Description[?]:
| The first of several tax hikes which will rebuild our social services and restore Telamon's position as a social democracy. Although our eventual goal is to make sure the progressive tax helps build the classless society and ensure an equality of sacrifice to the community, we feel that we can not achieve our desired tax structure immediately. |
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 |
| > 1,000 TPD | 4% | 4,522,000,000 TPD |
| > 3,000 TPD | 8% | 7,039,000,000 TPD |
| > 5,000 TPD | 16% | 7,466,000,000 TPD |
| > 7,000 TPD | 24% | 6,613,000,000 TPD |
| > 9,000 TPD | 32% | 12,935,000,000 TPD | Total | 38,575,000,000 TPD |
Debate
These messages have been posted to debate on this bill:
| Date | 02:54:33, October 19, 2007 CET | From | Telamonese Cultural Alliance | To | Debating the Income tax proposal of September 2472 |
| Message | We have more than enough money to spend on things, even enormously wasteful "social democracy," without raising the tax rates. |
| Date | 05:16:37, October 19, 2007 CET | From | Les Pirates Ninja Napoléoniens | To | Debating the Income tax proposal of September 2472 |
| Message | Not at all. Flat tax, fair tax, but none of this progressive, economic slowing idiocy. |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 343 | |||
| no |
Total Seats: 304 | |||
| abstain | Total Seats: 0 |
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