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Bill: Flat Tax - Saving our country
Details
Submitted by[?]: Democratic Catholic 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 3126
Description[?]:
| "This is a proportional income tax instead of progressive, single rate rather low (33%) combined with a broad no-tax area with the lowest incomes. All available data indicate that the systems single rate to 33% compared with those with progressive rates, give greater impetus to economic growth, generating substantial tax revenue to the exchequer. Currently our tax system is so complicated to generate high operating costs, to induce error in even the most experienced and make the job easier dell'evasore. The rate of "flat"instead of simplifying the tax increases the costs of avoidance and evasion, bar escape routes, Stan the submerged, remove red tape and related costs (it would fill in a form-postcard) that affect today on businesses and individuals. The Flat Tax is every taxpayer, and all forms of income equally. The richest with 100 times the income of the poorest Treasury pays 100 times the amount. At the same time, the total exemption includes a wide range of low income and can be based on the size of the family. " Maria Verocka candidate for Finance, FHE |
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 |
| > 10,000 SOL | 33% | 796,052,000,000 SOL | Total | 796,052,000,000 SOL |
Debate
These messages have been posted to debate on this bill:
| Date | 18:59:34, May 24, 2011 CET | From | Feminist Autonomous Collective | To | Debating the Flat Tax - Saving our country |
| Message | The rich should be contributing a greater share than is proposed here. |
| Date | 15:00:44, May 25, 2011 CET | From | Democratic Catholic Party | To | Debating the Flat Tax - Saving our country |
| Message | "We thank the IP to support our proposal" Carla Verolo - FHE's Leader |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 136 | |||
| no | Total Seats: 199 | |||
| abstain |
Total Seats: 90 |
| Random fact: Particracy has 464 player slots. |
| Random quote: "The Religious Right dislikes both abortions and homosexuality. But who has fewer abortions than gays?" - George Carlin |