We are working on a brand new version of the game! If you want to stay informed, read our blog and register for our mailing list.
Bill: Equitable Tax Reforms of June 2557
Details
Submitted by[?]: Radical 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: February 2558
Description[?]:
| The Radical Party propose to adjust the government's income tax policy to better address the economic situation of the Republic of Telamon. This bill is aimed at lower the overall burden of taxation on the ordinary tax payer, while passing the load onto the extremely affluent. This will coincide with several budgetary amendations, to correct several key over-funded areas of governmental responsibility. - Fieran Goldmark - Finance Minister (Radical Party) |
Proposals
Article 1
Proposal[?] to change Sales tax on luxury goods.
Old value:: 0
Current: 27
Proposed: 50
Article 2
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 |
| > 1 TPD | 11% | 40,953,000,000 TPD | Total | 40,953,000,000 TPD |
Debate
These messages have been posted to debate on this bill:
| Date | 03:03:52, April 07, 2008 CET | From | Republican Party | To | Debating the Equitable Tax Reforms of June 2557 |
| Message | Why are you increasing taxes when we already have a surplus? |
| Date | 03:09:05, April 07, 2008 CET | From | Social Democratic Party | To | Debating the Equitable Tax Reforms of June 2557 |
| Message | They told us in the bill description that budget reforms will come. |
| Date | 07:22:27, April 07, 2008 CET | From | Conservative Ordo Malleus (COM) | To | Debating the Equitable Tax Reforms of June 2557 |
| Message | I don't see how this passes most of the burden onto the affluent. The tax on luxury goods alone won't accomplish this. Targeting the affluent with an actual tax bracket, and tax rate, as done in the past will achieve that goal. -Roger Evars, COM Party Leader |
| Date | 14:48:34, April 07, 2008 CET | From | Rightful Radical Party | To | Debating the Equitable Tax Reforms of June 2557 |
| Message | Article 1 is unacceptable, but article 2 is agreeable. Vojislav Krkljus Chairman of the RRP |
| Date | 15:25:25, April 07, 2008 CET | From | Democratic Capitalist Delegation | To | Debating the Equitable Tax Reforms of June 2557 |
| Message | We support this bill in full. James Lott Chairman Democratic Capitalist Delegation |
| Date | 17:10:45, April 07, 2008 CET | From | Conservative Ordo Malleus (COM) | To | Debating the Equitable Tax Reforms of June 2557 |
| Message | We are willing to support a revised version of this bill that includes a tax bracket that is specifically aimed at the affluent. It should not be a high tax rate but it should help defer costs and keep the luxury tax low. In theory we find this bill agreeable. -Roger Evars, COM Party Leader |
| Date | 19:26:46, April 07, 2008 CET | From | Radical Party | To | Debating the Equitable Tax Reforms of June 2557 |
| Message | I refuse to compromise a flat income. Again, the vast majority should not be punished with punitive tax brackets. Tax should be opt-in (with high taxation on luxury), rather than opt-out (with tax brackets on the wealthy). The positives of society, such as amassing high income, should not be discouraged with negative taxation on income. Instead, those that can afford luxury, but opt into it, should have the weight of a popular conscience based on their consumerism. This is benefitial to all, and is, in purest essence, more equitable. - Fieran Goldmark - Finance Minister (Radical Party) |
subscribe to this discussion - unsubscribe
Voting
| Vote | Seats | |||
| yes | Total Seats: 203 | |||
| no | Total Seats: 145 | |||
| abstain | Total Seats: 14 |
| Random fact: Cabinet ministers who disagree seriously with the head of government would usually be expected to resign. Parties within the cabinet may attempt to manoeuvre to replace the head of government though, for example by proposing a new cabinet bill or voting for an early election. |
| Random quote: "Soldiers who are not afraid of guns, bombs, capture, torture or death say they are afraid of homosexuals. Clearly we should not be used as soldiers; we should be used as weapons." - Letter to the editor, the Advocate |