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Bill: Income tax proposal of November 3164
Details
Submitted by[?]: Telamon People's 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: July 3165
Description[?]:
| The Republican Party propose to adjust the government's income tax policy to better address the economic situation of the Imperium of Telamon. |
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% | 31,492,000,000 TPD | Total | 31,492,000,000 TPD |
Debate
These messages have been posted to debate on this bill:
| Date | 22:11:31, August 10, 2011 CET | From | Telamon People's Party | To | Debating the Income tax proposal of November 3164 |
| Message | We need to get our financial house in order. The Imperium cannot continue to run a massive debt. |
| Date | 22:12:45, August 10, 2011 CET | From | Telamon Nationellpartiet-Republikansk | To | Debating the Income tax proposal of November 3164 |
| Message | We have already proposed an income tax bill, which is currently going to a vote. |
| Date | 23:10:00, August 10, 2011 CET | From | Imperial Party of Macon-Telamon | To | Debating the Income tax proposal of November 3164 |
| Message | The Imperium has been running surpluses thanks to a CAPITALIST economy, increasing taxes works contrary to economic growth. |
| Date | 23:30:48, August 10, 2011 CET | From | Telamon Nationellpartiet-Republikansk | To | Debating the Income tax proposal of November 3164 |
| Message | but we have not been running surpluses, we have been at a defecit of around 6bn TPD |
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Voting
| Vote | Seats | ||
| yes | Total Seats: 0 | ||
| no | Total Seats: 259 | ||
| abstain |
Total Seats: 341 |
| Random fact: Parties have the ability to endorse another party's candidate for the Head of State election (if there is one). This adds a strategic element to the elections. |
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