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Bill: Income tax proposal of August 2680
Details
Submitted by[?]: Social Democratic Party
Status[?]: passed
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: April 2681
Description[?]:
| The Social Democratic Party propose to adjust the government's income tax policy to better address the economic situation of the Republic of Telamon. |
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% | 20,075,000,000 TPD |
| > 5,000 TPD | 15% | 12,671,000,000 TPD |
| > 10,000 TPD | 20% | 4,404,000,000 TPD |
| > 15,000 TPD | 25% | 1,997,000,000 TPD | Total | 39,147,000,000 TPD |
Debate
These messages have been posted to debate on this bill:
| Date | 15:52:05, December 14, 2008 CET | From | Telamon National Party | To | Debating the Income tax proposal of August 2680 |
| Message | Convention in Telamon has it that only the Finance Minister should put forward Financial bills. John Walker, Finance Minister. |
| Date | 10:14:01, December 15, 2008 CET | From | Democratic Capitalist Delegation | To | Debating the Income tax proposal of August 2680 |
| Message | Seeing as how the TNP has broken this "convention" on more than one occasion, effectively setting the precedent that the SDP is operating on, we do not understand their objections to this bill. Helen Cappoletti Chairwoman Democratic Capitalist Delegation |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 305 | ||||
| no | Total Seats: 196 | ||||
| abstain |
Total Seats: 0 |
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| Random quote: "Most politicians hold their fingers to the wind, and if we win we'll be showing them a lot of wind." - Ralph Nader |