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Bill: Fair and Progressive Tax Acts of 2479
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 not pass any sooner than the deadline.
Voting deadline: November 2480
Description[?]:
| These taxes are aimed at eliminating the deficit, promoting a progressive tax system, and eliminating the Life Tax (tax on necessary goods which increases the price of food and clothing for the poor). |
Proposals
Article 1
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 12
Current: 7
Proposed: 0
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 17
Current: 27
Proposed: 35
Article 3
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 |
| > 500 TPD | 10% | 2,833,000,000 TPD |
| > 1,000 TPD | 20% | 22,587,000,000 TPD |
| > 3,000 TPD | 30% | 26,366,000,000 TPD |
| > 5,000 TPD | 40% | 18,647,000,000 TPD |
| > 7,000 TPD | 50% | 13,763,000,000 TPD |
| > 9,000 TPD | 60% | 11,006,000,000 TPD |
| > 11,000 TPD | 70% | 7,026,000,000 TPD |
| > 13,000 TPD | 80% | 9,595,000,000 TPD | Total | 111,823,000,000 TPD |
Debate
These messages have been posted to debate on this bill:
| Date | 22:07:13, November 01, 2007 CET | From | Telamonese Socialist Alliance | To | Debating the Fair and Progressive Tax Acts of 2479 |
| Message | Maybe dropping the essential sales tax to 0% is a bit drastic. Since you doubled the luxury tax from 17% to 35% maybe you could halve the essentials taxes to 6%. |
| Date | 02:32:18, November 02, 2007 CET | From | Catholic Workers Union | To | Debating the Fair and Progressive Tax Acts of 2479 |
| Message | The essentials tax is fundamentally unfair. It forces the poor to pay more for necessities they may not be able to afford even without the tax. It is absolutely regressive. |
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Voting
| Vote | Seats | |||||
| yes |
Total Seats: 487 | |||||
| no |
Total Seats: 263 | |||||
| abstain | Total Seats: 0 |
| Random fact: By default the head of government is the ultimate authority within a national government. In general terms, heads of government are expected to consult with cabinet colleagues (including those from other parties) before making significant decisions but they remain responsible for government action. |
| Random quote: "Our enemies are innovative and resourceful and so are we. They never stop thinking about new ways to harm our country and our people and neither do we." - George W. Bush |