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Bill: FAIR Tax for the POOR Act of 2486

Details

Submitted by[?]: Kapitalist-Arbeitsfamilien Partei

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: July 2487

Description[?]:

Dear Distinguished Members of the Convocation:

The AM Radical Libertarian Party recently pointed out that there was small surplus in the budget.

Our views on spending the surplus are relatively simple and cut n' dry in order to create JOBS for millions of POOR citizens in the Axis Mundi Likatonia Res Publica:

(1) RAISE the Luxury Tax that wealthy Lukatonians pay from 22% to ~35%;

(2) ABOLISH the income tax for ALL Middle Class and poor familes below 11,429 LIK--[OOC: 11,429 LIK is the equivalent to ~50,000 British Pounds].

(3) [IC]: Establish a 20% FLAT Tax on the wealthy citizens making above the 11,429 LIK threshold;

(4) Revise and simplify the budget as according to the following formula:

(a) 50% for National Defense (military)

(b) 4/5th (80%) of the remaining half of the budget should be SUB-divided equally into the Finance, Education, Infrastructure, Trade & Industry, Science & Technology, and the Justice Dept.(s).

(c) the Remaining "change" should be divided equally amongst everything else.

Thank you for your full support.

Cordially,

Christian E. Savage, Minority Leader of the Capitalist Working Families Party

P.S.: LONG LIVE the King of kings & Lord of lords, IMMERESSEN the Divine!!!

Proposals

Debate

These messages have been posted to debate on this bill:

Date12:01:35, November 17, 2007 CET
FromDemocratic Workers' Party and CTUL List
ToDebating the FAIR Tax for the POOR Act of 2486
MessageArticle 3 good. Articles 1 and 2, bad.

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Voting

Vote Seats
yes
   

Total Seats: 26

no
  

Total Seats: 31

abstain
   

Total Seats: 43


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