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Bill: Income tax proposal of October 2977
Details
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: January 2979
Description[?]:
The The Lirean Front propose to adjust the government's income tax policy to better address the economic situation of the Gaduridosland. |
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 GAD | 4% | 34,873,000,000 GAD |
> 30,000 GAD | 9% | 104,620,000,000 GAD |
> 50,000 GAD | 20% | 348,734,000,000 GAD |
> 80,000 GAD | 26% | 299,550,000,000 GAD |
> 100,000 GAD | 31% | 1,166,047,000,000 GAD |
> 200,000 GAD | 55% | 805,664,000,000 GAD |
> 300,000 GAD | 65% | 791,845,000,000 GAD | Total | 3,551,333,000,000 GAD |
Debate
These messages have been posted to debate on this bill:
Date | 14:07:03, August 01, 2010 CET | From | The CFoG | To | Debating the Income tax proposal of October 2977 |
Message | Summary of changes: - Introduction of the 15,000 GAD tax band @ 4% - Reduction of 1% for all those earning BETWEEN 30,000 gad AND 50,000 GAD - No change for those earning between 50,000 GAD and 80,000 GAD - Additional 1% of tax from all those earning between 50,000 GAD and 200,000 GAD - Additional 5% of tax from all those earning over 200,000 GAD Any increase in income will be put back into the sectors which have suffered the most from the proposed budget cuts. |
Date | 05:43:40, August 02, 2010 CET | From | Northern Alliance | To | Debating the Income tax proposal of October 2977 |
Message | We support this as it adds on to the budget cuts we proposed before your parties existence. |
Date | 07:01:17, August 02, 2010 CET | From | Common Sense Conservatives | To | Debating the Income tax proposal of October 2977 |
Message | Although we like the cutting taxes part we feel that a 5% increase to those making over 200,000 is just way to much. Just because someone is rich, doesn't mean they should have to give a ton of their income to their government, if the government would spend the taxpayers money wiser than raising taxes would be a last resort. We definitly agree with budget cuts, but we feel we need to 1. Reduce 5% to around 3-4%, 2. Get more income through our exports not completly getting income through tax increse. |
Date | 19:05:51, August 02, 2010 CET | From | The CFoG | To | Debating the Income tax proposal of October 2977 |
Message | This would be to aid in income... other methods are being looked in to. If we find income is up over the next few years. this 5% will be brought back down to align with 3-4% higher. |
Date | 19:18:11, August 02, 2010 CET | From | Common Sense Conservatives | To | Debating the Income tax proposal of October 2977 |
Message | So is this a temporary tax increse is what your saying? |
Date | 19:23:39, August 02, 2010 CET | From | The CFoG | To | Debating the Income tax proposal of October 2977 |
Message | It depends on it's results. I have no intention of keeping high taxes. I just want to us out of a deficit. Once that has been achieved i will review. |
Date | 19:31:16, August 02, 2010 CET | From | Common Sense Conservatives | To | Debating the Income tax proposal of October 2977 |
Message | Well with that in mind, i believe you have my vote, as long as when the deficet is out of taxes begin to lower. |
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Voting
Vote | Seats | |||
yes |
Total Seats: 407 | |||
no | Total Seats: 0 | |||
abstain |
Total Seats: 193 |
Random fact: When elections in a country are held, all bills in the voting phase are reset to the debate phase. |
Random quote: "Law is mind without reason." - Aristotle |