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Bill: Income tax proposal of August 2116
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 2117
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% | 1,414,000,000 TPD |
| > 1,000 TPD | 10% | 5,655,000,000 TPD |
| > 2,000 TPD | 15% | 15,709,000,000 TPD |
| > 4,000 TPD | 20% | 20,110,000,000 TPD |
| > 8,000 TPD | 25% | 13,222,000,000 TPD | Total | 56,110,000,000 TPD |
Debate
These messages have been posted to debate on this bill:
| Date | 14:15:06, September 26, 2005 CET | From | United Liberal Alliance | To | Debating the Income tax proposal of August 2116 |
| Message | All I can say is that once again the income tax brackets were reset and so this bill rectifies the situation again. further spending cuts may be needed to make this viable again though i will not be proposing any at this time. |
| Date | 19:01:38, September 26, 2005 CET | From |  Federation Under Crazy Killers -- United | To | Debating the Income tax proposal of August 2116 |
| Message | If you must have an income tax it should be a flat tax |
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Voting
| Vote | Seats | |||||
| yes |
Total Seats: 185 | |||||
| no | Total Seats: 32 | |||||
| abstain |
Total Seats: 35 |
| Random fact: It usually takes up to an hour for election results to generate. During this time, the "Next Election" date is put forward a month, which is confusing. Do not worry! In a short time, the election result will generate and the "Next Election" date will then correct itself. |
| Random quote: "We should therefore claim, in the name of tolerance, the right not to tolerate the intolerant." - Karl Popper |