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Bill: Income tax proposal of October 2130
Details
Submitted by[?]: National Farmers' 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 2131
Description[?]:
| The Farmers' Party propose to adjust the government's income tax policy to better address the economic situation of the Union of Quanzari Soviets. |
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 LIS | 15% | 92,486,000,000 LIS | Total | 92,486,000,000 LIS |
Debate
These messages have been posted to debate on this bill:
| Date | 02:50:39, October 25, 2005 CET | From | National Farmers' Party | To | Debating the Income tax proposal of October 2130 |
| Message | Flat tax equals a fair tax. Government revenue will remain around the same as people have more income to spend on more goods and services, and therefore, more goods and service tax is collected. It will promote growth which will benefit the poorer citizens. |
| Date | 02:53:41, October 25, 2005 CET | From | National Farmers' Party | To | Debating the Income tax proposal of October 2130 |
| Message | An adjustment to government expenditure will follow soon. |
| Date | 00:27:13, October 26, 2005 CET | From | Anarchist-Communist League | To | Debating the Income tax proposal of October 2130 |
| Message | Poorer people have to spend a larger proportion of their income on essentials. A flat tax hurts the neediest more than the wealthy. |
| Date | 03:43:44, October 26, 2005 CET | From | National Farmers' Party | To | Debating the Income tax proposal of October 2130 |
| Message | Economic growth benefits the poor. |
| Date | 07:20:53, October 26, 2005 CET | From | NeoSocialist Party | To | Debating the Income tax proposal of October 2130 |
| Message | Econmic growth help those that are rich already if it's not harnessed |
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Voting
| Vote | Seats | |||
| yes |
Total Seats: 156 | |||
| no |
Total Seats: 187 | |||
| abstain | Total Seats: 58 |
| Random fact: "Kubrk" is a Jelbic word that has the colloquial meaning "old man" or "geezer". |
| Random quote: "Everything that is really great and inspiring is created by the individual who can labor in freedom." - Albert Einstein |