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Bill: Income tax proposal of September 2140
Details
Submitted by[?]: Telamon National 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: May 2141
Description[?]:
| The Telamon National Party propose to adjust the government's income tax policy to better address the economic situation of the Telamon Commonwealth. The UCA left us spending more than we had with there bad runing of the economy. |
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 |
| > 1,000 TPD | 10% | 16,176,000,000 TPD |
| > 4,000 TPD | 15% | 15,129,000,000 TPD |
| > 8,000 TPD | 20% | 7,393,000,000 TPD |
| > 12,000 TPD | 25% | 4,014,000,000 TPD | Total | 42,712,000,000 TPD |
Debate
These messages have been posted to debate on this bill:
| Date | 19:32:26, November 14, 2005 CET | From |  Federation Under Crazy Killers -- United | To | Debating the Income tax proposal of September 2140 |
| Message | You do know that it is not always necessary to have a balanced budget? In times of recession, that is the worst thing to do. |
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Voting
| Vote | Seats | |||||
| yes | Total Seats: 91 | |||||
| no |
Total Seats: 164 | |||||
| abstain | Total Seats: 0 |
| Random fact: Moderation will not approve a Cultural Protocol request within the first 48 hours of it being requested. This is in order to give other players a chance to query the proposed changes, if they wish to do so. Moderation may be approached for advice on a proposed change, but any advice proffered should always be understood under the provisio that no final decision will be made until at least 48 hours after the request has been formally submitted for approval. |
| Random quote: "I do not believe in the creed professed by the Jewish church, by the Roman church, by the Greek church, by the Turkish church, by the Protestant church, nor by any church that I know of. My own mind is my own church." - Thomas Paine |