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Bill: Income tax proposal of January 2122
Details
Submitted by[?]: United Liberal Alliance
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 2123
Description[?]:
| The United Commonwealth Alliance propose to adjust the government's income tax policy to better address the economic situation of the Telamon Commonwealth. We also propose this alternative income tax bill which when combined with our budget allows for the restoration of the government's surplus as well as providing for a small tax cut, by removing the 500TPD band, so now giving a tax free allowance of 1000TPD with people paying tax aobve this threshold starting at 10% rather than 5%. This tax free allowance is similar to the Rationalists, but it allows for a tax cut without the need to increase taxes on the rich and middle classes |
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 |
| > 1,000 TPD | 10% | 5,657,000,000 TPD |
| > 2,000 TPD | 15% | 15,714,000,000 TPD |
| > 4,000 TPD | 20% | 20,126,000,000 TPD |
| > 8,000 TPD | 25% | 13,232,000,000 TPD | Total | 54,729,000,000 TPD |
Debate
These messages have been posted to debate on this bill:
| Date | 18:16:12, October 07, 2005 CET | From | Rationalist Party | To | Debating the Income tax proposal of January 2122 |
| Message | And thus without the increased expenditures required by the new ministries... |
| Date | 04:51:52, October 09, 2005 CET | From |  Federation Under Crazy Killers -- United | To | Debating the Income tax proposal of January 2122 |
| Message | How do you propose income tax? |
| Date | 11:13:17, October 09, 2005 CET | From | United Liberal Alliance | To | Debating the Income tax proposal of January 2122 |
| Message | Click on the Cabinet page. then click on the link to carry out ministers executive actions. Then scroll doewn to the Finance ministry and click on propose taxation bill. Anyone can do it at the moment not just the Finance minister. But please don't do what i think your going to do and propose to abolish income tax!!! |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 126 | ||||
| no |
Total Seats: 129 | ||||
| abstain | Total Seats: 0 |
| Random fact: In Particracy players are only allowed to play as one party at a time. Want to swap nations? Inactivate your current party and make a new one! Want to return? Request Moderation to reactivate your party on the forum! |
| Random quote: "I'm not interested in preserving the status quo; I want to overthrow it." - Niccolo Machiavelli |