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Bill: Income tax proposal of June 2137
Details
Submitted by[?]: People's Democratic 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: March 2138
Description[?]:
| The People's Democratic Party propose to adjust the government's income tax policy to better address the economic situation of the Republic of Zardugal. Since we have a surplus we thought it best to decrease the taxes for the rich a bit. This decrease is not significant so those of you who are weary about not taxing the rich enough do not need to worry. We dropped the taxes on the income bracket of > 55,801 ZAR from 35% to 33%. |
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 |
| > 2,790 ZAR | 5% | 12,000,000,000 ZAR |
| > 6,975 ZAR | 15% | 59,999,000,000 ZAR |
| > 13,950 ZAR | 20% | 151,649,000,000 ZAR |
| > 27,901 ZAR | 30% | 242,083,000,000 ZAR |
| > 55,801 ZAR | 33% | 191,034,000,000 ZAR | Total | 656,765,000,000 ZAR |
Debate
These messages have been posted to debate on this bill:
| Date | 21:40:25, November 07, 2005 CET | From | Roman Imperialist Party | To | Debating the Income tax proposal of June 2137 |
| Message | Agreed, |
| Date | 01:35:48, November 08, 2005 CET | From | Labor Party | To | Debating the Income tax proposal of June 2137 |
| Message | Agreed |
| Date | 01:37:07, November 08, 2005 CET | From | Socialist Republic Party | To | Debating the Income tax proposal of June 2137 |
| Message | agreed |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 259 | ||||
| no | Total Seats: 0 | ||||
| abstain | Total Seats: 119 |
| 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: "When the people are being beaten with a stick, they are not much happier if it is called 'the People's Stick.'" - Mikhail Bakunin |