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Bill: Income tax proposal of June 2505
Details
Submitted by[?]: Saiserist League
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: April 2507
Description[?]:
The Zardugal Revolutionary Socialist Party propose to adjust the government's income tax policy to better address the economic situation of the Free Federation of Zardugal. |
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 ZAR | 4% | 43,004,000,000 ZAR |
> 30,000 ZAR | 10% | 89,861,000,000 ZAR |
> 70,000 ZAR | 14% | 40,461,000,000 ZAR |
> 120,000 ZAR | 17% | 18,515,000,000 ZAR | Total | 191,841,000,000 ZAR |
Debate
These messages have been posted to debate on this bill:
Date | 17:04:20, December 23, 2007 CET | From | Saiserist League | To | Debating the Income tax proposal of June 2505 |
Message | "Just so I don't look crazy, with the supplementary income we get from the corporation and luxury taxes this balances out with my accompanying spending bill, though I think we should increase those taxes as well so Government can do its job to provide and support the people, rather than merely oppressing them as it does now." -Trent Borisovich Kalinyev, Minister of Finance |
Date | 22:04:29, December 23, 2007 CET | From | Irish Party | To | Debating the Income tax proposal of June 2505 |
Message | No. Taxes are way too high. You will never get our vote on this. |
Date | 19:59:39, December 24, 2007 CET | From | Saiserist League | To | Debating the Income tax proposal of June 2505 |
Message | "And how would you propose to support the people without revenue? Nobody will suffer under this system, because nobody is being overtaxed, whatever your Rightist mind might think, and everybody will benefit from the social programs we can fund with the revenue." -Trent Borisovich Kalinyev OOC: We want everybody's input before we put it up for a vote |
Date | 10:36:26, December 26, 2007 CET | From | National Authoritarian Movement | To | Debating the Income tax proposal of June 2505 |
Message | Change it to 4%, 8%, 12%, 15% and you'll get our vote. |
Date | 12:45:45, December 26, 2007 CET | From | Irish Party | To | Debating the Income tax proposal of June 2505 |
Message | "It's funny how the LP party called us leftists, and now the ZRSP are calling us rightists." -Michael Murphy |
Date | 03:24:52, December 27, 2007 CET | From | Saiserist League | To | Debating the Income tax proposal of June 2505 |
Message | We might alter it in the future. This is just a preliminary budget, and there are things that need rectification. All we know is that taxes are way too low to rake in the revenue we need, particularly on the wealthy. OOC: Though Particracy is exceptionally bad at taxing wealth, as it seems nobody in Zardugal makes over about 130,000 a year. |
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Voting
Vote | Seats | ||||
yes | Total Seats: 191 | ||||
no |
Total Seats: 179 | ||||
abstain | Total Seats: 31 |
Random fact: Real life-life nationalities, cultures or ethnicities should not be referenced in Particracy (eg. "German"). |
Random quote: "Real politics is the possession and distribution of power." - Benjamin Disraeli |