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Bill: Income tax proposal of August 2540
Details
Submitted by[?]: Alliance of Imperial Selucians
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 2541
Description[?]:
| The Conservitive People's Party propose to adjust the government's income tax policy to better address the economic situation of the Selucian Empire. |
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 |
| > 3,000 SEN | 5% | 7,763,000,000 SEN |
| > 6,000 SEN | 12% | 18,822,000,000 SEN |
| > 12,000 SEN | 25% | 25,030,000,000 SEN |
| > 24,000 SEN | 40% | 11,344,000,000 SEN | Total | 62,959,000,000 SEN |
Debate
These messages have been posted to debate on this bill:
| Date | 12:33:25, March 03, 2008 CET | From | Pro Patria | To | Debating the Income tax proposal of August 2540 |
| Message | Pro Patria supports tax cuts in principle. However, this proposition would cut our income by 5,500,000,000, but the state is currently only making 1,500,000,000 surplus. As a party holding the Ministry of Finance, we cannot vote for an inbalanced budget. |
| Date | 15:20:27, March 03, 2008 CET | From | [L&J] LAW AND JUSTICE Party | To | Debating the Income tax proposal of August 2540 |
| Message | We think this is good way, but we have to wait for bigger budget surplus... |
| Date | 15:20:45, March 03, 2008 CET | From | [L&J] LAW AND JUSTICE Party | To | Debating the Income tax proposal of August 2540 |
| Message | anyway we will vote for |
| Date | 16:54:45, March 03, 2008 CET | From | Alliance of Imperial Selucians | To | Debating the Income tax proposal of August 2540 |
| Message | Pro Patria: We can cut spending on extras, and keep taxes low. |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 139 | |||
| no |
Total Seats: 352 | |||
| abstain | Total Seats: 9 |
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