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Bill: Tax Cuts for the Rich
Details
Submitted by[?]: Tuesday Is Coming
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: September 2134
Description[?]:
| The Faithful Remnants propose to adjust the government's income tax policy to better address the economic situation of the Five Nations of Lodamun. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 10
Current: 23
Proposed: 0
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 30
Current: 25
Proposed: 25
Article 3
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 LOD | 13% | 37,452,000,000 LOD | Total | 37,452,000,000 LOD |
Debate
These messages have been posted to debate on this bill:
| Date | 22:06:18, October 31, 2005 CET | From | International Society of Bankers | To | Debating the Tax Cuts for the Rich |
| Message | Support 3, not 1 and 2. |
| Date | 23:47:19, October 31, 2005 CET | From |  Tuesday Is Coming | To | Debating the Tax Cuts for the Rich |
| Message | The budget that is about to pass doesnt require so many luxury taxes, and the corporation tax is bugged, it produces the same revenue regardless of rate(when we had a 0% rate before, it brought in just as much as it does now) |
| Date | 01:01:48, November 01, 2005 CET | From | Cooperative Commonwealth Federation | To | Debating the Tax Cuts for the Rich |
| Message | Flat taxes punish the poor, so no. |
| Date | 02:17:43, November 01, 2005 CET | From | Tuesday Is Coming | To | Debating the Tax Cuts for the Rich |
| Message | All taxes punish the poor. The difference here is that the poor are not getting taxed any more than they are now. |
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Voting
| Vote | Seats | ||||||
| yes | Total Seats: 144 | ||||||
| no |
Total Seats: 156 | ||||||
| abstain | Total Seats: 0 |
| Random fact: "Game mechanics comes first." For example, if a currently-enforced bill sets out one law, then a player cannot claim the government has set out a contradictory law. |
| Random quote: "Society comprises two classes: those who have more food than appetite, and those who have more appetite than food." - Nicolas Chamfort |