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Bill: Income tax proposal of January 2657
Details
Submitted by[?]: Normand Pluralist Party
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: September 2657
Description[?]:
| The Normand Pluralist Party propose to adjust the government\\\'s income tax policy to better address the economic situation of the Federal Commonwealth of Sekowo. We propose that taxes be reduced for the poorest members of our nation, and that an additional bracket be set up for the \\\"super-riche\\\" which may arrive in the future. (This should leave us with a remaining surplus of about 10 billion SEK) |
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 |
| > 10,000 SEK | 8% | 12,547,000,000 SEK |
| > 20,000 SEK | 15% | 14,816,000,000 SEK |
| > 30,000 SEK | 30% | 20,036,000,000 SEK |
| > 40,000 SEK | 40% | 14,241,000,000 SEK |
| > 50,000 SEK | 45% | 12,734,000,000 SEK |
| > 60,000 SEK | 50% | 4,874,000,000 SEK |
| > 70,000 SEK | 55% | 2,455,000,000 SEK |
| > 80,000 SEK | 60% | 0 SEK | Total | 81,703,000,000 SEK |
Debate
These messages have been posted to debate on this bill:
| Date | 16:43:29, October 28, 2008 CET | From | Liberal Social Democratic Republicans | To | Debating the Income tax proposal of January 2657 |
| Message | There is no point in establishing the 60% bracket as no one earns more than 80,000 SEK. Therefore, we oppose this bill. |
| Date | 17:39:34, October 28, 2008 CET | From | Conservative Party | To | Debating the Income tax proposal of January 2657 |
| Message | CP agrees with LSDR and only two tax brackets actually are affected: the two who the pay the least taxes. We strongly oppose. Reduce the other tax brackets by 5% and we will support. Reducing the other brackets by 5% would give back to the people appr. 15B DCU. (anyone else can do the math if they wish) |
| Date | 22:10:41, October 28, 2008 CET | From | 帝国公明党 (Teikoku Kōmeitō) | To | Debating the Income tax proposal of January 2657 |
| Message | OOC: Wow, it\'s actually gone down. It use to be that 94,000 was the top out point where no one earned more. |
| Date | 23:15:40, October 28, 2008 CET | From | Normand Pluralist Party | To | Debating the Income tax proposal of January 2657 |
| Message | Technically, 3 brackets are affected. In order to reduce all brackets by 5%, we would have to reduce spending further. |
| Date | 00:00:15, October 29, 2008 CET | From | Conservative Party | To | Debating the Income tax proposal of January 2657 |
| Message | Or make >10,000 @ 10%, so we have a nice multiples of 5%s. |
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Voting
| Vote | Seats | |||||||
| yes | Total Seats: 85 | |||||||
| no |
Total Seats: 515 | |||||||
| abstain | Total Seats: 0 |
| Random fact: In your Message Centre there is a really useful feature which allows you to subscribe to all of the bill debates in your nation. If you use that, then the "Watched Discussions" section will show you every time a new message has been posted on a bill. You can also subscribe to other pages you want to follow, such as your nation message-board, party organisations or bills outside your nation which you are interested in. |
| Random quote: "It is vain to talk of the interest of the community, without understanding what is the interest of the individual" - Jeremy Bentham |