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Bill: Income tax/sales tax proposal of June 2123
Details
Submitted by[?]: Federation Under Crazy Killers -- United
Status[?]: defeated
Votes: This bill proposes to change income taxes. It requires more than half of the legislature to vote yes. This bill will not pass any sooner than the deadline.
Voting deadline: May 2126
Description[?]:
| The Independent Party propose to adjust the government's income tax policy to better address the economic situation of the Telamon Commonwealth. |
Proposals
Article 2
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 TPD | 1% | 300,000,000 TPD |
Total | 300,000,000 TPD |
Debate
These messages have been posted to debate on this bill:
| Date | 09:25:58, October 10, 2005 CET |
From | United Liberal Alliance | To | Debating the Income tax/sales tax proposal of June 2123 | | Message | No, i'm sorry - you can't be serious about having a 50% sales tax, even if you pay no income tax. We will happily consider further cuts in income tax and possibly a limited flat tax, but we want to see slaes tax xut, not increased. |
| Date | 19:19:10, October 10, 2005 CET |
From |  Federation Under Crazy Killers -- United | To | Debating the Income tax/sales tax proposal of June 2123 | | Message | Why?
If a candy bar costs .50 before tax, it will only be .75 after. Not a huge amount. A $100,000 car will be $150,000 after tax.
I'd really like to see a more advanced sales tax bracket. Something more than luxury and non luxury. Something more like: Essentials, above essential, luxury, and extra luxury. |
| Date | 19:23:34, October 10, 2005 CET |
From | Federation Under Crazy Killers -- United | To | Debating the Income tax/sales tax proposal of June 2123 | | Message | Having income tax creates much more beauracracy than is needed. Especially when it is has brackets (cant think of the word for that).
Having sales tax can completely remove the need for income tax. Let the people spend the money how they want, not the government. With sales tax, you can choose how much tax you are paying. With Income tax you can not. Money is forcibly taken from you. |
| Date | 00:32:56, October 11, 2005 CET |
From | Rationalist Party | To | Debating the Income tax/sales tax proposal of June 2123 | | Message | IP You mean a progressive tax. And actually, it need not create any more beauracracy than a flat tax, it's the sometimes hundreds of different rules and deductions that make it difficult |
| Date | 09:38:58, October 11, 2005 CET |
From | United Liberal Alliance | To | Debating the Income tax/sales tax proposal of June 2123 | | Message | Yes, though we would support a flat tax. However, firstly even with sales tax at 50% you will not generate enough money to run government, you would need many other forms of taxation first. Secondly, have you thought about its actual effects on the economy. From a psychological point of view think about what you do when you go shopping- if something seems very/overly expensive you won't buy it, even if you have more cash in your pocket because of income tax. This therefore will adversely effect sales. It is therefore the case that you will find that a sales tax will hit people far more than a low level of income tax. |
| Date | 18:35:57, October 11, 2005 CET |
From | Federation Under Crazy Killers -- United | To | Debating the Income tax/sales tax proposal of June 2123 | | Message | Yes a more progressive sales tax.
You wouldnt actually see the price when out shopping until you buy it. Tax price is calculated at checkout, not on the sales floor.
If 50% is not enough to run government, then we can raise it more.
Or we can make some temporary compromise and keep a high sales tax, and cut income tax lower so that it will be just enough for a balanced budget. |
| Date | 19:33:11, October 11, 2005 CET |
From | United Liberal Alliance | To | Debating the Income tax/sales tax proposal of June 2123 | | Message | you will still find that people will be hit far harder with increased sales tax than income tax. For a start people are paying limited tax on their annual income with income tax whereas with sales tax you are increasing by half again the price of goods every time you buy anything - that soon adds up. Also, it is psychological. For most people who are employees, income tax is deducted from their pay at source (i.e. you never see the amount you pay in tax it goes straight to the government) therefore this can be said to intangible invisible money that does not ever really effect your budgeting as you never recieve that portion of your income and know this. With a sales tax you are actually immediatly seeing the effects of the tax as everything appears more expensive (i know the game doesn't specify which system is used, but coming from the UK, here sales tax (or VAT) is included in the price, therefore what you see is what you pay) and so there is a more of a psycological reluctance to buy items which you believe may be unnecessarily high and that you feel you can do with out. - people will not pay more than they believe something to be worth. Therefore i predict that if you had this level of sales tax, regardless of if you abolish income tax, sales will drop and the economy would suffer as a consequence. |
| Date | 09:26:44, October 12, 2005 CET |
From | United Liberal Alliance | To | Debating the Income tax/sales tax proposal of June 2123 | | Message | but that would be partly because prices are ridiculously low anyway - if the cost of petrol in the UK was to suddenly become the cost of petrol in the US, then i think that you would notice the difference and whilst it wouldn't necessarily stop you buying petrol at all (obviously because you need it for your car) you would probably be more careful and conserve fuel so you didn't need to buy so often |
| Date | 20:05:05, October 14, 2005 CET |
From | United Liberal Alliance | To | Debating the Income tax/sales tax proposal of June 2123 | | Message | i agree that we need other forms of taxes (such as petrol taxes) and when they are introduced then maybe i will reconsider income tax. but at the moment income tax is the government's main revenue source and so it is necessary to have it. You are right that i don't see this the way you do as i really think that putting up sales taxes to the level you propose will have hugely adverse consequences for the economy and so i'm sorry but i must vote no. I will propose my own budget and tax proposal for discussion which will cut income tax but not remove it altogether. |
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| Vote |
Seats |
| yes | Total Seats: 42 |
| no | Total Seats: 213 |
| abstain | Total Seats: 0 |
| Random fact: RP laws follow the same passing rules as in-game variable laws. Laws that are not of a constitutional nature require a simple majority "Yes" vote from active parties currently holding seats. Laws that are of a constitutional nature require a 2/3 majority "Yes" vote from active parties currently holding seats. RP laws may be abolished a simple majority vote this applies to ANY RP law. |
| Random quote: "A politician who is poor is a poor politician." - Carlos Hank Gonzalez
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