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Bill: Income tax proposal of April 2115
Details
Submitted by[?]: United Liberal Alliance
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: April 2116
Description[?]:
The United Commonwealth Alliance propose to adjust the government's income tax policy to better address the economic situation of the Telamon Commonwealth. |
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 |
> 500 TPD | 5% | 1,418,000,000 TPD |
> 1,000 TPD | 10% | 5,674,000,000 TPD |
> 2,000 TPD | 15% | 15,760,000,000 TPD |
> 4,000 TPD | 20% | 20,177,000,000 TPD |
> 8,000 TPD | 25% | 13,260,000,000 TPD | Total | 56,289,000,000 TPD |
Debate
These messages have been posted to debate on this bill:
Date | 19:31:46, September 23, 2005 CET | From | United Liberal Alliance | To | Debating the Income tax proposal of April 2115 |
Message | Unfortunatly it appears that Wouter accidentally reset the economic data for Particracy. As a result, the income tax bands etc. were reset. I have reproposed the system that we approved lat time however when the data was reset it also means that are exisitng tax revenue is much less than it was, therefore this tax proposal can only be viable if cuts in spending (now possible) are made. Therefore do we keep this one or do we come up with a new one. I would say that we keep this one and cut public spending in those areas which are privatised. but obviously those of you who dislike privatisation may have other ideas. |
Date | 19:39:48, September 23, 2005 CET | From | Conservative Party of Telamon | To | Debating the Income tax proposal of April 2115 |
Message | You mean like increasing taxes? ;) |
Date | 22:08:33, September 23, 2005 CET | From | Rationalist Party | To | Debating the Income tax proposal of April 2115 |
Message | Or cutting other areas, or getting the government out of industry... but as it is, this seems fine |
Date | 19:20:41, September 24, 2005 CET | From | Federation Under Crazy Killers -- United | To | Debating the Income tax proposal of April 2115 |
Message | NO INCOME TAX IT IS SOCIALIST!!! |
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Voting
Vote | Seats | ||||
yes |
Total Seats: 164 | ||||
no | Total Seats: 32 | ||||
abstain | Total Seats: 59 |
Random fact: Use a valid e-mail address for your Particracy account. If the e-mail address you entered does not exist, your account may be suspected of multi-accounting and inactivated. |
Random quote: "When strangers start acting like neighbors, communities are reinvigorated." - Ralph Nader |