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Bill: Income tax proposal of September 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: June 2670
Description[?]:
By increasing the burden of tax on the super-rich to a level they can well afford, this tax proposal aims at making life easier for those on lowest incomes. A 3% tax cut could make a huge difference to the lives of those worst off in society, so vote compassionately on this tax bill. It will not damage the balance of the budget. 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 | 30% | 9,017,000,000 TPD | Total | 59,672,000,000 TPD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | ||||
yes | Total Seats: 176 | ||||
no |
Total Seats: 105 | ||||
abstain |
Total Seats: 177 |
Random fact: Unless otherwise stated, monarchs and their royal houses will be presumed to be owned by the player who introduced the bill appointing them to their position. |
Random quote: "Oh, judge, your damn laws: the good people don't need them and the bad people don't follow them so what good are they?" - Ammon Hennacy |