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: Removing the highest income tax bracket
Details
Submitted by[?]: Libertarian Union
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 2603
Description[?]:
| The Libertarian Union propose to adjust the government's income tax policy in order to stop legal robbery and to free some energy in order to have a higher economic growth. If we lower the taxes, it wouldn't be good only for the rich, the poor ones will also take profit from this in higher salaries and we will have a smaller unemployment rate. |
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 | 6% | 9,910,000,000 SEN |
| > 6,250 SEN | 12% | 18,513,000,000 SEN |
| > 12,500 SEN | 24% | 29,072,000,000 SEN | Total | 57,495,000,000 SEN |
Debate
These messages have been posted to debate on this bill:
| Date | 07:13:26, July 09, 2008 CET | From | Gavinist Party | To | Debating the Removing the highest income tax bracket |
| Message | We have to end this mentality that if we support the top with tax breaks its benefits will work there way down to the bottom. Its not true. We shouldn't have high income taxes but they should be appropriate and favor the middle class which are the back bone of our country. |
subscribe to this discussion - unsubscribe
Voting
| Vote | Seats | ||||||
| yes |
Total Seats: 110 | ||||||
| no |
Total Seats: 390 | ||||||
| abstain | Total Seats: 0 |
| Random fact: In Particracy players are only allowed to play as one party at a time. Want to swap nations? Inactivate your current party and make a new one! Want to return? Request Moderation to reactivate your party on the forum! |
| Random quote: "It only takes 20 years for a liberal to become a conservative without changing a single idea." - Robert Anton Wilson |