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Bill: Income tax proposal of September 2118
Details
Submitted by[?]: NeoSocialist 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: July 2119
Description[?]:
The NeoSocialist Party propose to adjust the government's income tax policy to better address the economic situation of the Union of Quanzari Soviets. |
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 |
> 311 LIS | 5% | 885,000,000 LIS |
> 621 LIS | 5% | 2,663,000,000 LIS |
> 1,554 LIS | 9% | 7,978,000,000 LIS |
> 3,107 LIS | 12% | 19,888,000,000 LIS |
> 6,214 LIS | 31% | 53,517,000,000 LIS |
> 12,428 LIS | 45% | 39,617,000,000 LIS |
> 24,856 LIS | 60% | 6,908,000,000 LIS | Total | 131,456,000,000 LIS |
Debate
These messages have been posted to debate on this bill:
Date | 16:22:57, September 30, 2005 CET | From | NeoSocialist Party | To | Debating the Income tax proposal of September 2118 |
Message | The new Taxation bill will give us a little surplus and finally cover the deficit. I added a new bracket for ultrariches, to pay 60% of everything they earn more than 24 thousands. I raised the 6k bracket tax by 1% and the 1.5k by 1% also, this will give us the boost needed to work on economy when it will become operational. Plus the spending is going to be adjusted with defence probably halved in order to give Social Security enough funds, but we'll wait for now. |
Date | 19:30:42, September 30, 2005 CET | From | Tudeh Party of Quanzar | To | Debating the Income tax proposal of September 2118 |
Message | Agreed. |
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Voting
Vote | Seats | ||||
yes |
Total Seats: 94 | ||||
no | Total Seats: 0 | ||||
abstain |
Total Seats: 69 |
Random fact: The majority of nations in Particracy are "Culturally Protected" with an established cultural background. Only the "Culturally Open" nations are not bound by the rules surrounding culture. The Cultural Protocols Index should be consulted for more information about the cultural situation of each nation. |
Random quote: "Even when laws have been written down, they ought not always to remain unaltered." - Aristotle |