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Bill: Income tax proposal of September 3049
Details
Submitted by[?]: Liberal 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: May 3050
Description[?]:
The Liberal Party propose to adjust the government's income tax policy to better address the economic situation of the Federation of Zardugal. |
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 |
> 500 ZAR | 13% | 3,734,000,000 ZAR |
> 1,000 ZAR | 9% | 46,528,000,000 ZAR |
> 10,000 ZAR | 1% | 23,752,000,000 ZAR | Total | 74,014,000,000 ZAR |
Debate
These messages have been posted to debate on this bill:
Date | 16:26:43, December 23, 2010 CET | From | Socialist Worker's Party | To | Debating the Income tax proposal of September 3049 |
Message | What kind of income tax system is this? The poor should be taxed less not more. The rich must be taxed much more. |
Date | 23:52:47, December 23, 2010 CET | From | Liberal Party | To | Debating the Income tax proposal of September 3049 |
Message | This income tax system provides this nation with one of the highest emloyment rates in the country and one of the highest GDPs |
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Voting
Vote | Seats | ||
yes |
Total Seats: 600 | ||
no | Total Seats: 0 | ||
abstain | Total Seats: 0 |
Random fact: "OOC", "IC" and "IG" are commonly-used acronyms in Particracy. "OOC" refers to comments, discussions and actions which are out-of-character, meaning they are done player-to-player rather than party-to-party. "IC" refers to in-character interactions (ie. party-to-party). Similarly, "IG" means in-game, although this term may also simply refer to what happens in the actual game interface, as opposed to on the forum or elsewhere. "RP" just means "role-play". |
Random quote: "When anger rises, think of the consequences." - Confucius |