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Bill: UB Income Tax Plan
Details
Submitted by[?]: United Blobs
Status[?]: passed
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: January 2116
Description[?]:
Here's our (latest) attempt. By our calculations the lower paid citizens will benefit the most and this will be offset by increasing taxation on the higher (>40,000) earners |
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 HCR | 20% | 111,080,000,000 HCR |
> 20,000 HCR | 30% | 220,740,000,000 HCR |
> 40,000 HCR | 40% | 137,051,000,000 HCR |
> 60,000 HCR | 60% | 174,675,000,000 HCR | Total | 643,546,000,000 HCR |
Debate
These messages have been posted to debate on this bill:
Date | 20:41:40, September 22, 2005 CET | From | We Say So! Party | To | Debating the UB Income Tax Plan |
Message | Hmm...could work. Going to do some maths, and some more experimentation, but I do like the direction this is heading... |
Date | 20:43:42, September 22, 2005 CET | From | Liberal-Progressive Union | To | Debating the UB Income Tax Plan |
Message | Looks good. The lowest 3 brackets are exempt, while the 20,000 which is most likely the "middle class" provide the main source of revenue. So this revenue combines with the other taxes corporate, luxary,etc.. should provide a decent revenue. Now it's spending priorities to figure out. |
Date | 19:45:29, September 23, 2005 CET | From | United Socialist Movement | To | Debating the UB Income Tax Plan |
Message | That looks acceptable for now. However, we'll try and push for higher taxes for those earning more than 60,000. |
Date | 22:28:06, September 23, 2005 CET | From | United Blobs | To | Debating the UB Income Tax Plan |
Message | Let's get this through for the time being. |
Date | 23:42:24, September 23, 2005 CET | From | We Say So! Party | To | Debating the UB Income Tax Plan |
Message | I'll put my budget up to vote at the end of the month, that way there is some time to allow the changes to at least start to go through. |
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Voting
Vote | Seats | ||||
yes |
Total Seats: 237 | ||||
no | Total Seats: 0 | ||||
abstain |
Total Seats: 163 |
Random fact: When forming a cabinet, try to include as few parties as possible, while still obtaining a majority of the seats. |
Random quote: "I realize that a life predicated on being obedient and taking orders is a very comfortable life indeed. Living in such a way reduces to a minimum one's need to think." - Adolf Eichmann |