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Bill: Income tax proposal of November 2521
Details
Submitted by[?]: Liberal Democrat Party
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: November 2522
Description[?]:
| The Liberal Democrat Party propose to adjust the government's income tax policy to better address the economic situation of the Vanuku Federation. |
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 VAN | 25% | 272,638,000,000 VAN |
| > 30,000 VAN | 30% | 83,732,000,000 VAN |
| > 40,000 VAN | 35% | 106,858,000,000 VAN |
| > 55,000 VAN | 40% | 107,486,000,000 VAN |
| > 80,000 VAN | 45% | 113,839,000,000 VAN | Total | 684,553,000,000 VAN |
Debate
These messages have been posted to debate on this bill:
| Date | 03:07:29, January 26, 2008 CET | From | Vanuku Nationalists Party | To | Debating the Income tax proposal of November 2521 |
| Message | We support this new taxation proposal. Thank you LDP |
| Date | 05:47:59, January 26, 2008 CET | From | National Greens Party | To | Debating the Income tax proposal of November 2521 |
| Message | We do not support this taxation policy |
| Date | 06:46:19, January 26, 2008 CET | From | Supreme Liberal Conservative Order | To | Debating the Income tax proposal of November 2521 |
| Message | Calculations on this new tax bill show deficit spending upon passage, thus we, unfornately, oppose its passage. |
| Date | 13:30:09, January 26, 2008 CET | From | National Liberal Party | To | Debating the Income tax proposal of November 2521 |
| Message | Although we are in no power position to sanction this bill, the NLP simply cannot stand at bay without expressing their opinion on the matter. Clearly the LDP haven't thought this bill through as it comes to harm equality amongst our citizens and delivers a blow to the middle class men. We are sincerely surprised to find that a party that boasts a liberal leaning doctrine submits bills that are in such a flagrant opposition to the Liberal ideology. We suspect this to be a political decision aimed solely to be a manipulative scheme, as it does not provide sustainable, long-term solutions in defeating poverty. |
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Voting
| Vote | Seats | |||||
| yes | Total Seats: 29 | |||||
| no |
Total Seats: 90 | |||||
| abstain | Total Seats: 86 |
| Random fact: Periodically, it is a good idea to go through your nation's Treaties and arrange to withdraw from any that are unwanted. |
| Random quote: "For every action there is an equal and opposite government program." - Bob Wells |