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: Income tax proposal of December 2118
Details
Submitted by[?]: Tuesday Is Coming
Status[?]: defeated
Votes: This bill proposes to change income taxes. It requires more than half of the legislature to vote yes. This bill will not pass any sooner than the deadline.
Voting deadline: December 2119
Description[?]:
| The TiC Remnants propose to adjust the government's income tax policy to better address the economic situation of the People's Federation of Lodamun. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 10
Current: 30
Proposed: 14
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 40
Current: 25
Proposed: 50
Article 3
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 |
| > 200 LOD | 8% | 22,192,000,000 LOD | Total | 22,192,000,000 LOD |
Debate
These messages have been posted to debate on this bill:
| Date | 07:36:14, October 01, 2005 CET | From |  Tuesday Is Coming | To | Debating the Income tax proposal of December 2118 |
| Message | This bill will reduce our income tax for every citizen. Luxuries and corporate tax will be raised marginally to preserve a minor surplus(to be used for a future cut) |
| Date | 03:46:39, October 02, 2005 CET | From | Cooperative Commonwealth Federation | To | Debating the Income tax proposal of December 2118 |
| Message | Quite apart from the flat atx issue, we see no reason to raise corporate or sales taxes. |
| Date | 03:50:09, October 02, 2005 CET | From | Tuesday Is Coming | To | Debating the Income tax proposal of December 2118 |
| Message | The hope was that the additional taxes would permit another income tax cut. Would you support article 3 alone? |
| Date | 04:57:03, October 02, 2005 CET | From | CNT/AFL | To | Debating the Income tax proposal of December 2118 |
| Message | We'd support Articles 1 and 2 alone. Not that you shouldn't have already assumed that. |
| Date | 06:04:22, October 02, 2005 CET | From | Tuesday Is Coming | To | Debating the Income tax proposal of December 2118 |
| Message | I was hoping that RCP and CA would support Article 3, while CNT/AFL, PTN, and others may have supported 1 and 2. The plan was that this would be a well rounded bill with widespread support. |
| Date | 19:11:11, October 02, 2005 CET | From | Cooperative Commonwealth Federation | To | Debating the Income tax proposal of December 2118 |
| Message | "Would you support article 3 alone?" No. No flat tax, it's not a fair system in our opinion, just a method to protect concentrations of wealth. |
| Date | 19:19:11, October 02, 2005 CET | From | Tuesday Is Coming | To | Debating the Income tax proposal of December 2118 |
| Message | Let me get this straight, I propose a flat tax that will tax the poor less than your progressive tax, but you oppose it because it doesnt punish anyone? |
subscribe to this discussion - unsubscribe
Voting
| Vote | Seats | ||||||
| yes |
Total Seats: 41 | ||||||
| no |
Total Seats: 231 | ||||||
| abstain |
Total Seats: 28 |
| Random fact: The grey space in the east is populated by the forum-based countries, known in-game as the former colonies or the "Third World". These countries are managed by the Third World Coordinator but players can request control of individual countries in the Third World Control Requests thread: http://forum.particracy.net/viewtopic.php?f=11&t=8302 |
| Random quote: First and second class seats on public transport shall be BANNED! We are all FIRST CLASS people, regardless of whether we are rich or poor and can afford or not afford to pay for a more expensive seat. From now on, all seats on trains, buses, trams, planes and so on shall be the SAME. We will all travel in the SAME way, TOGETHER. ~ Friedrich Pfeiffer General Secretary of the Dorvish Communist Party |