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Bill: Finance Bill
Details
Submitted by[?]: Socialist Labour Party
Status[?]: passed
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 2494
Description[?]:
| The Socialist Labour Party propose to adjust the government's income tax policy to better address the economic situation of the United Majatran Republic of Socialist Al'Badara. Thanks to steady economic growth, we propose 84bn BDR in tax cuts by raising the bottom tax threshold from 35000 to 40000 BDR and the 55000 BDR threshold to 60000 BDR. This will remove many of the poorest in A'Badara from the income tax system altogether whilst maintaining a healthy budget surplus. We urge all parties to support these measures to fight inequality and deprivation. |
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 |
| > 40,000 BDR | 10% | 79,088,000,000 BDR |
| > 55,000 BDR | 20% | 94,088,000,000 BDR |
| > 65,000 BDR | 35% | 144,507,000,000 BDR |
| > 75,000 BDR | 39% | 281,911,000,000 BDR |
| > 100,000 BDR | 45% | 472,453,000,000 BDR |
| > 200,000 BDR | 55% | 54,617,000,000 BDR | Total | 1,126,664,000,000 BDR |
Debate
These messages have been posted to debate on this bill:
| Date | 10:18:33, November 29, 2007 CET | From |  Freedom Party | To | Debating the Finance Bill |
| Message | we accept |
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Voting
| Vote | Seats | ||||||
| yes | Total Seats: 168 | ||||||
| no | Total Seats: 0 | ||||||
| abstain |
Total Seats: 133 |
| Random fact: Before creating a party organisation, check to see whether there are any existing organisations which cover the same agenda. |
| Random quote: "In public policy, it matters less who has the best arguments and more who gets heard, and by whom." - Ralph Reed |