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Bill: tax reform
Details
Submitted by[?]: Inhabitants of Wantuni
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: January 2487
Description[?]:
| This is our favourite solution - we prefer taxes be paid when you spend your money, not when you earn it. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 1
Current: 15
Proposed: 0
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 4
Current: 12
Proposed: 16
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 |
| > 1,000,000,000,000,000,000 WAN | 1% | 0 WAN | Total | 0 WAN |
Debate
These messages have been posted to debate on this bill:
| Date | 19:40:26, November 14, 2007 CET | From | Gaian Nuncirist Party | To | Debating the tax reform |
| Message | LOL, It's sad that we don't have any quintillionaires in our nation. :P And while we don't approve of removing tax from corporations, we do support a tax structure based on goods rendered, and since it's on luxury goods, the rich will be the majority payers. |
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Voting
| Vote | Seats | |||||
| yes |
Total Seats: 313 | |||||
| no | Total Seats: 143 | |||||
| abstain | Total Seats: 44 |
| Random fact: "OOC", "IC" and "IG" are commonly-used acronyms in Particracy. "OOC" refers to comments, discussions and actions which are out-of-character, meaning they are done player-to-player rather than party-to-party. "IC" refers to in-character interactions (ie. party-to-party). Similarly, "IG" means in-game, although this term may also simply refer to what happens in the actual game interface, as opposed to on the forum or elsewhere. "RP" just means "role-play". |
| Random quote: "We’ve got to stand with our North Korean allies." - Sarah Palin |