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Bill: Income tax proposal of February 2819
Details
Submitted by[?]: Saridani Progressive Alliance
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: February 2820
Description[?]:
| The Saridani Nationalist Alliance propose to adjust the government's income tax policy to better address the economic situation of the Saridani Union. |
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 |
| > 4,000 SAD | 3% | 6,746,000,000 SAD |
| > 8,000 SAD | 6% | 13,493,000,000 SAD |
| > 12,000 SAD | 9% | 18,821,000,000 SAD |
| > 16,000 SAD | 12% | 22,518,000,000 SAD |
| > 20,000 SAD | 16% | 22,830,000,000 SAD |
| > 24,000 SAD | 20% | 21,610,000,000 SAD |
| > 28,000 SAD | 24% | 19,504,000,000 SAD |
| > 32,000 SAD | 28% | 19,072,000,000 SAD |
| > 36,000 SAD | 32% | 17,897,000,000 SAD |
| > 40,000 SAD | 36% | 40,029,000,000 SAD |
| > 50,000 SAD | 40% | 21,351,000,000 SAD |
| > 60,000 SAD | 50% | 20,225,000,000 SAD | Total | 244,096,000,000 SAD |
Debate
These messages have been posted to debate on this bill:
| Date | 19:50:22, September 17, 2009 CET | From |  Saridani Progressive Alliance | To | Debating the Income tax proposal of February 2819 |
| Message | I know there's a lot of bands, but I think it's pretty fair all over. The poor don't pay a lot of tax and a lot of revenue still gets generated. |
| Date | 19:53:30, September 17, 2009 CET | From | Libertarian Party | To | Debating the Income tax proposal of February 2819 |
| Message | 1,113,508,416,869 SAD - 50,000,000,000 (What it will be when this bill pases)= 1,036,508,416,869 Thats less then the 1085 proposed here, we'll support |
| Date | 19:58:27, September 17, 2009 CET | From | Saridani Progressive Alliance | To | Debating the Income tax proposal of February 2819 |
| Message | It's a slight drop but we'll still have a vast surplus from the budget. If my calculations are correct of course! |
| Date | 08:27:19, September 18, 2009 CET | From | Party One | To | Debating the Income tax proposal of February 2819 |
| Message | fair enough |
| Date | 10:48:45, September 18, 2009 CET | From | Democratic Workers Union | To | Debating the Income tax proposal of February 2819 |
| Message | government must grow up to be big, strong and healthy and live off a diet of bankers... we cannot possibly support this slight drop. |
| Date | 21:13:03, September 18, 2009 CET | From | Saridani Progressive Alliance | To | Debating the Income tax proposal of February 2819 |
| Message | It's much much fairer than the former tax system. Plus this bill deals with income tax. Not Corporate Tax. Anyways it's passed. |
| Date | 21:13:42, September 18, 2009 CET | From | Saridani Progressive Alliance | To | Debating the Income tax proposal of February 2819 |
| Message | That and it's an increase in tax for everyone over 50k SAD of income. Thought you'd have liked it :P |
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Voting
| Vote | Seats | |||
| yes |
Total Seats: 474 | |||
| no |
Total Seats: 186 | |||
| abstain | Total Seats: 90 |
| Random fact: There are two countries based on Egypt in the game. Cobura is based on modern Egypt with a retro twist, while Hawu Mumenhes is based on Ancient Egypt with a modernist twist. |
| Random quote: "A politician who is poor is a poor politician." - Carlos Hank Gonzalez |