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Bill: Income tax proposal of January 2606
Details
Submitted by[?]: The Liberal 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 pass as soon as the required yes votes are in, or will be defeated if unsufficient votes are reached on the deadline.
Voting deadline: September 2606
Description[?]:
Since our Finance Minister seems to be visiting Crazyville and not doing anything, I guess I have to do it myself. You know what this is. >6,500 LOD-Received a 1% tax cut. OOC: Thank me later. |
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 |
> 600 LOD | 4% | 574,000,000 LOD |
> 850 LOD | 7% | 1,406,000,000 LOD |
> 1,200 LOD | 11% | 5,050,000,000 LOD |
> 2,000 LOD | 21% | 11,140,000,000 LOD |
> 3,000 LOD | 22% | 9,173,000,000 LOD |
> 4,000 LOD | 30% | 7,995,000,000 LOD |
> 5,000 LOD | 35% | 8,439,000,000 LOD |
> 6,500 LOD | 31% | 2,344,000,000 LOD |
> 7,250 LOD | 38% | 7,946,000,000 LOD | Total | 54,067,000,000 LOD |
Debate
These messages have been posted to debate on this bill:
Date | 23:00:09, July 14, 2008 CET | From | The Liberal Party | To | Debating the Income tax proposal of January 2606 |
Message | Well, why waster time debating this. Let's vote on it. |
Date | 23:01:32, July 14, 2008 CET | From | Lodamun Libertarian Party | To | Debating the Income tax proposal of January 2606 |
Message | Shouldnt the >5000 bracket get a tax cut first? |
Date | 23:04:32, July 14, 2008 CET | From | The Liberal Party | To | Debating the Income tax proposal of January 2606 |
Message | Not enough money. With the revenue we are going to get in the next 6 months from lowering taxes twice so quickly, we will probably be able to afford it next time around. Of course, I always leave a 1.5 billion LOD or so as surplus for emergencies. |
Date | 23:09:46, July 14, 2008 CET | From | Republican Party of Lodamun | To | Debating the Income tax proposal of January 2606 |
Message | Please, do not offend the Ministers of the Cabinet. That is untasteful, and I do not like that you do such. I can not reckon the Liberal Party, nor it's coalition were active on any Ministry except Finance. Sean Martinson Prime Minister and First Commander of the Armed Forces |
Date | 23:10:19, July 14, 2008 CET | From | Republican Party of Lodamun | To | Debating the Income tax proposal of January 2606 |
Message | I do not like giving that bracket a tax cut right now, we should save up and give the richer a real tax cut later. That's my belief. |
Date | 23:30:21, July 14, 2008 CET | From | The Liberal Party | To | Debating the Income tax proposal of January 2606 |
Message | Mr. Martinson, don't be so soft. This is politics and if you can't take a little bit of heat from someone, I suggest you go home. The Liberal Party had nothing to do with the Cabinet members of past administrations. Jonathan Keylar National Chairman of the Liberal Party OOC: PP, I suggest you don't confuse things. Members of the Cabinet are politically independent and not part of any party. Yes, I controlled them, but they are individual characters. When talking about them, refer to them, not my party. That's how this game works. And by the way, use OOC when talking about that. Thanks! |
Date | 23:34:07, July 14, 2008 CET | From | The Liberal Party | To | Debating the Income tax proposal of January 2606 |
Message | Save up for what. If we have a surplus, we may as well spend it on something beneficial for both our people and our government. It is a waste of resources to just have that money there, without using it for nothing. OOC: You do know that at some point, the surplus will either stop growing or grow so slow that it will be insignificant. The only way to make the surplus grow is by giving those tax cuts like I have been doing for 15 years or so. |
Date | 23:46:29, July 14, 2008 CET | From | Republican Party of Lodamun | To | Debating the Income tax proposal of January 2606 |
Message | OOC: Sorry for not remembering all the laws. If I remember right, you almost started crying when WFP didn't agree on your Foreign Affairs Minister, and yeah. I know they are independent etc, but don't tell me to be so soft, when you are worse. |
Date | 23:55:14, July 14, 2008 CET | From | The Liberal Party | To | Debating the Income tax proposal of January 2606 |
Message | OOC: I got angry at WFP because he criticized the entire Ministry not my Minister. I would never allow anyone to criticize our hard-working people and as you can see, I only criticized the Finance Minister not the Finance Ministry, there is a difference. If you know they are independent, why tie them to my party. If it is done in OOC, I don't have a problem but it shouldn't be done in IC. I am only trying to let you know how it works, next time, I'll just shut up and let someone else bash you about it. |
Date | 23:57:48, July 14, 2008 CET | From | Republican Party of Lodamun | To | Debating the Income tax proposal of January 2606 |
Message | We can afford a tax cut on the 7,500 LOD bracket. |
Date | 00:00:25, July 15, 2008 CET | From | Republican Party of Lodamun | To | Debating the Income tax proposal of January 2606 |
Message | Stop talking to me like I am a two year old. I forgot the law, sorry. |
Date | 01:42:09, July 15, 2008 CET | From | The Liberal Party | To | Debating the Income tax proposal of January 2606 |
Message | I will not propose a tax cut that will make our surplus go lower than 1.5 billion LOD. Trust me, we cannot afford a tax cut of th 6,500 LOD AND the 7,500 LOD bracket. |
Date | 01:48:29, July 15, 2008 CET | From | Republican Party of Lodamun | To | Debating the Income tax proposal of January 2606 |
Message | We can afford a tax cut on the 7,500 LOD bracket instead of the 6,500 LOD bracket. And our surplus is at 1,7 B LOD at the moment, so it is going to go under that anyway. |
Date | 02:59:24, July 15, 2008 CET | From | The Liberal Party | To | Debating the Income tax proposal of January 2606 |
Message | I thought you said both 7,500 LOD and 6,500 LOD. Something is better than nothing. |
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Voting
Vote | Seats | ||||
yes |
Total Seats: 82 | ||||
no | Total Seats: 17 | ||||
abstain | Total Seats: 51 |
Random fact: Players should not role-play characters without the consent of the owner, and if they find they have role-played the character beyond what the owner intended, they should withdraw or amend the role-play appropriately. |
Random quote: "While the State exists, there can be no freedom. When there is freedom there will be no State." - Vladimir Lenin |