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Bill: Income tax proposal of March 2669
Details
Submitted by[?]: Radical 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: November 2669
Description[?]:
| This tax proposal is a moderate alteration of the current system. It slashes taxes dramatically for those worst of in society, by only increasing the tax burden slightly on the very rich. I urge Telamon to compassionately embrace this reform. Ingrid Baptiste Finance Minister Party Leader |
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 |
| > 100 TPD | 7% | 3,574,000,000 TPD |
| > 1,000 TPD | 15% | 30,160,000,000 TPD |
| > 5,000 TPD | 20% | 16,921,000,000 TPD |
| > 10,000 TPD | 26% | 7,815,000,000 TPD | Total | 58,470,000,000 TPD |
Debate
These messages have been posted to debate on this bill:
| Date | 16:16:59, November 22, 2008 CET | From | Radical Party | To | Debating the Income tax proposal of March 2669 |
| Message | The calculations were incorrect. Another tax proposal in the same vein will follow shortly. Vote against this tax proposal! Ingrid Baptiste Finance Minister Party Leader |
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Voting
| Vote | Seats | |||||
| yes | Total Seats: 0 | |||||
| no |
Total Seats: 243 | |||||
| abstain |
Total Seats: 215 |
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