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Bill: Income tax proposal of July 2481
Details
Submitted by[?]: Social Democratic Party of Saridan
Status[?]: defeated
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: March 2482
Description[?]:
| The Social Democratic Party of Saridan propose to adjust the government's income tax policy to better address the economic situation of the République Democratique de Saridan. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 3
Current: 10
Proposed: 10
Article 2
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 5
Current: 5
Proposed: 2
Article 3
Proposal[?] to change Sales tax on luxury goods.
Old value:: 8
Current: 21
Proposed: 10
Article 4
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 SAD | 4% | 11,241,000,000 SAD |
| > 10,000 SAD | 5% | 25,457,000,000 SAD |
| > 20,000 SAD | 6% | 17,613,000,000 SAD |
| > 30,000 SAD | 7% | 11,379,000,000 SAD |
| > 40,000 SAD | 8% | 8,898,000,000 SAD |
| > 50,000 SAD | 9% | 4,802,000,000 SAD |
| > 60,000 SAD | 10% | 2,514,000,000 SAD |
| > 70,000 SAD | 12% | 1,363,000,000 SAD |
| > 80,000 SAD | 14% | 549,000,000 SAD |
| > 100,000 SAD | 20% | 0 SAD | Total | 83,816,000,000 SAD |
Debate
These messages have been posted to debate on this bill:
| Date | 19:15:24, November 05, 2007 CET | From |  Social Democratic Party of Saridan | To | Debating the Income tax proposal of July 2481 |
| Message | We need a restructuring of the tax system, in order to give equality to our people. |
| Date | 07:18:05, November 06, 2007 CET | From | Partido Comunista de Saridan | To | Debating the Income tax proposal of July 2481 |
| Message | why would you be against this? |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 77 | ||||
| no |
Total Seats: 62 | ||||
| abstain |
Total Seats: 161 |
| Random fact: "Spamming", or the indiscriminate posting of unsolicited messages, is not allowed. |
| Random quote: "The worst thing the bad guys can do is force us to doubt the good ones." - Viria Agelasta, former Selucian politician |