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Bill: Income tax proposal of June 2489
Details
Submitted by[?]: Likaton Coalition of the Willing
Status[?]: defeated
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: February 2490
Description[?]:
| WE will REDUCE taxes for the WORKING and MIDDLE classes, whilst RETAI?NING them for the rich, and INCREASING them for the SUPER RICH Immeressence be with you En Esch, Finance Director, Immeressence Inc. |
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 |
| > 10,000 LIK | 10% | 26,408,000,000 LIK |
| > 20,000 LIK | 17% | 16,553,000,000 LIK |
| > 30,000 LIK | 25% | 9,607,000,000 LIK |
| > 42,000 LIK | 50% | 327,000,000 LIK | Total | 52,895,000,000 LIK |
Debate
These messages have been posted to debate on this bill:
| Date | 16:51:27, November 21, 2007 CET | From | Söhne der Freiheit | To | Debating the Income tax proposal of June 2489 |
| Message | The FRP doesn't believe in an income tax. |
| Date | 17:00:55, November 21, 2007 CET | From |  Likaton Coalition of the Willing | To | Debating the Income tax proposal of June 2489 |
| Message | So rather than support a reduction, you'd vote to keep the higher levels we have now? More rational thought from the FRP. |
| Date | 17:19:11, November 21, 2007 CET | From | Söhne der Freiheit | To | Debating the Income tax proposal of June 2489 |
| Message | The FRP won't support either the maintenance of the current taxes nor give support to an idea of an income tax by abstaining. |
| Date | 18:23:19, November 21, 2007 CET | From | Democratic Workers' Party and CTUL List | To | Debating the Income tax proposal of June 2489 |
| Message | We'd love to support an income tax programme of this shape. We cannot support, however, as it will jeopardise the budget. |
| Date | 08:15:07, November 22, 2007 CET | From | Kapitalist-Arbeitsfamilien Partei | To | Debating the Income tax proposal of June 2489 |
| Message | *********************************************************************************************************************** Bracket[?] Tax Revenue[?] > 10,000 LIK 15% 68,252,797,327 LIK > 20,000 LIK 20% 33,191,033,198 LIK > 30,000 LIK 25% 14,908,774,778 LIK Total 116,352,605,303 LIK cf. http://80.237.164.51/particracy/main/budget.php?nationid=17 *********************************************************************************************************************** This bill gets our support. |
| Date | 09:51:18, November 22, 2007 CET | From | Democratic Workers' Party and CTUL List | To | Debating the Income tax proposal of June 2489 |
| Message | ^ Shortfall of ~28bn LIK. |
| Date | 16:27:02, November 22, 2007 CET | From | Söhne der Freiheit | To | Debating the Income tax proposal of June 2489 |
| Message | Revenue 315,768,022,178 LIK Expenses 195,885,000,000 LIK Surplus 119,883,022,178 LIK |
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Voting
| Vote | Seats | |||||
| yes |
Total Seats: 281 | |||||
| no | Total Seats: 145 | |||||
| abstain | Total Seats: 240 |
| Random fact: After 3 days (72 hours) your account will be inactivated by Moderation. If you want to be reactivated you can request reactivation located here: http://forum.particracy.net/viewtopic.php?f=11&t=4360 |
| Random quote: "Those looking for ideology in the White House should consider this: for the men who rule our world, rules are for other people." - Naomi Klein |