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Bill: Income tax proposal of August 2825
Details
Submitted by[?]: Verititas Splendor 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: October 2826
Description[?]:
The Verititas Splendor Party propose to adjust the government's income tax policy to better address the economic situation of the Pontesian Dynastic Empire. |
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 |
> 15,000 PON | 5% | 105,440,000,000 PON | Total | 105,440,000,000 PON |
Debate
These messages have been posted to debate on this bill:
Date | 08:11:21, October 01, 2009 CET | From | Nrzi Prta (Democratic Party) | To | Debating the Income tax proposal of August 2825 |
Message | This ridiculous tax proposal will push our nation into debt. |
Date | 17:12:34, October 01, 2009 CET | From | Verititas Splendor Party | To | Debating the Income tax proposal of August 2825 |
Message | No, our trillion dollar spending habits will push us into debt. |
Date | 18:59:24, October 01, 2009 CET | From | Freedom Party | To | Debating the Income tax proposal of August 2825 |
Message | Mr. Speaker, We MUST reduce government spending. It does nothing to help anyone, except those who are politically well-connected. Again, we state that the cost of government is not what it taxes, but what it spends. Yield. |
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Voting
Vote | Seats | ||||||
yes |
Total Seats: 410 | ||||||
no | Total Seats: 291 | ||||||
abstain | Total Seats: 49 |
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