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Bill: Income tax proposal of February 2531
Details
Submitted by[?]: Normand Pluralist 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 not pass any sooner than the deadline.
Voting deadline: November 2531
Description[?]:
The Normand Pluralist Party propose to adjust the government's income tax policy to better address the economic situation of the Federal Commonwealth of Sekowo. - Dgillaume d Jumiges |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 40
Current: 50
Proposed: 35
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 15
Current: 19
Proposed: 20
Article 3
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 SEK | 25% | 39,207,000,000 SEK |
> 20,000 SEK | 30% | 29,640,000,000 SEK |
> 30,000 SEK | 40% | 26,720,000,000 SEK |
> 40,000 SEK | 50% | 17,796,000,000 SEK |
> 50,000 SEK | 60% | 16,978,000,000 SEK |
> 60,000 SEK | 68% | 6,637,000,000 SEK |
> 70,000 SEK | 75% | 3,351,000,000 SEK | Total | 140,329,000,000 SEK |
Debate
These messages have been posted to debate on this bill:
Date | 03:42:11, February 13, 2008 CET | From | Revolutionary State Socialist Party | To | Debating the Income tax proposal of February 2531 |
Message | This wont allow for the planned IA department increase witch we just ordered you to do I belive. |
Date | 03:43:16, February 13, 2008 CET | From | Pan-Sekowo Freedom Alliance | To | Debating the Income tax proposal of February 2531 |
Message | We support. |
Date | 06:33:46, February 13, 2008 CET | From | Normand Pluralist Party | To | Debating the Income tax proposal of February 2531 |
Message | Actually, even after this bill, which reduces taxes primarily for the very poor (but at least somewhat across the board), we will have a large government surplus. |
Date | 13:33:57, February 13, 2008 CET | From | Conservative Party | To | Debating the Income tax proposal of February 2531 |
Message | We support. |
Date | 16:30:45, February 13, 2008 CET | From | 帝国公明党 (Teikoku Kōmeitō) | To | Debating the Income tax proposal of February 2531 |
Message | We're officially abstaining. |
Date | 23:12:23, February 13, 2008 CET | From | Peasant Party Of Sekowo | To | Debating the Income tax proposal of February 2531 |
Message | We support lowering income taxes on low incomes but not the rest. Its too extreme. |
Date | 23:46:33, February 13, 2008 CET | From | 帝国公明党 (Teikoku Kōmeitō) | To | Debating the Income tax proposal of February 2531 |
Message | After re-considering it we're voting no. |
Date | 00:33:34, February 14, 2008 CET | From | Sekowan Communist Party | To | Debating the Income tax proposal of February 2531 |
Message | We cannot support the lowered taxes on corporations. |
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Voting
Vote | Seats | ||||
yes |
Total Seats: 376 | ||||
no |
Total Seats: 374 | ||||
abstain | Total Seats: 0 |
Random fact: Any RP law granting extraordinary "emergency powers" or dictator-like powers to a government must be passed by at least a 2/3rds majority, but (like all RP laws) may always be overturned by a simple majority vote of the legislature. |
Random quote: "A strong body makes the mind strong. As to the species of exercises, I advise the gun. While this gives moderate exercise to the body, it gives boldness, enterprise and independence to the mind. Games played with the ball, and others of that nature, are too violent for the body and stamp no character on the mind. Let your gun therefore be your constant companion of your walks." - Thomas Jefferson |