We are working on a brand new version of the game! If you want to stay informed, read our blog and register for our mailing list.
Bill: Financial Rehabilitation Bill of 3259
Details
Submitted by[?]: People's Party - Republican Democrats
Status[?]: defeated
Votes: This bill proposes to change income taxes. It requires more than half of the legislature to vote yes. This bill will not pass any sooner than the deadline.
Voting deadline: November 3259
Description[?]:
| The People's Party - The Republicans propose to adjust the government's income tax policy to better address the economic situation of the Third Republic of Aldegar. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 20
Current: 30
Proposed: 35
Article 2
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 3
Current: 0
Proposed: 5
Article 3
Proposal[?] to change Sales tax on luxury goods.
Old value:: 5
Current: 50
Proposed: 35
Article 4
Proposal[?] to change
Taxation of religious institutions.
Old value:: No religions are taxed.
Current: Religions are treated as companies, and all profit is taxed, however, charitable donations are not taxed.
Proposed: Religions are treated as companies, and all profit is taxed, however, charitable donations are not taxed.
Article 5
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 |
| > 5,300 ACR | 1% | 96,000,000 ACR |
| > 5,600 ACR | 2% | 180,000,000 ACR |
| > 5,900 ACR | 3% | 254,000,000 ACR |
| > 6,200 ACR | 4% | 326,000,000 ACR |
| > 6,500 ACR | 5% | 381,000,000 ACR |
| > 6,800 ACR | 6% | 418,000,000 ACR |
| > 7,100 ACR | 7% | 452,000,000 ACR |
| > 7,400 ACR | 8% | 451,000,000 ACR |
| > 7,700 ACR | 9% | 469,000,000 ACR |
| > 8,000 ACR | 10% | 518,000,000 ACR |
| > 8,300 ACR | 11% | 549,000,000 ACR |
| > 8,600 ACR | 12% | 571,000,000 ACR |
| > 8,900 ACR | 13% | 584,000,000 ACR |
| > 9,200 ACR | 14% | 605,000,000 ACR |
| > 9,500 ACR | 15% | 612,000,000 ACR |
| > 9,800 ACR | 16% | 612,000,000 ACR |
| > 10,100 ACR | 17% | 563,000,000 ACR |
| > 10,400 ACR | 18% | 549,000,000 ACR |
| > 10,700 ACR | 19% | 487,000,000 ACR |
| > 11,000 ACR | 20% | 431,000,000 ACR |
| > 11,300 ACR | 21% | 400,000,000 ACR |
| > 11,600 ACR | 22% | 406,000,000 ACR |
| > 11,900 ACR | 23% | 425,000,000 ACR |
| > 12,200 ACR | 24% | 405,000,000 ACR |
| > 12,500 ACR | 25% | 420,000,000 ACR |
| > 12,800 ACR | 26% | 395,000,000 ACR |
| > 13,100 ACR | 27% | 408,000,000 ACR |
| > 13,400 ACR | 28% | 423,000,000 ACR |
| > 13,700 ACR | 29% | 438,000,000 ACR |
| > 14,000 ACR | 30% | 453,000,000 ACR |
| > 14,300 ACR | 31% | 468,000,000 ACR |
| > 14,600 ACR | 32% | 406,000,000 ACR |
| > 14,900 ACR | 33% | 388,000,000 ACR |
| > 15,200 ACR | 34% | 400,000,000 ACR |
| > 15,500 ACR | 35% | 412,000,000 ACR |
| > 15,800 ACR | 36% | 337,000,000 ACR |
| > 16,100 ACR | 37% | 248,000,000 ACR |
| > 16,400 ACR | 38% | 255,000,000 ACR |
| > 16,700 ACR | 39% | 242,000,000 ACR |
| > 17,000 ACR | 40% | 194,000,000 ACR |
| > 17,300 ACR | 41% | 137,000,000 ACR |
| > 17,600 ACR | 42% | 141,000,000 ACR |
| > 17,900 ACR | 43% | 144,000,000 ACR |
| > 18,200 ACR | 44% | 147,000,000 ACR |
| > 18,500 ACR | 45% | 151,000,000 ACR |
| > 18,800 ACR | 46% | 154,000,000 ACR |
| > 19,100 ACR | 47% | 157,000,000 ACR |
| > 19,400 ACR | 48% | 161,000,000 ACR |
| > 19,700 ACR | 49% | 98,000,000 ACR | Total | 17,921,000,000 ACR |
Debate
These messages have been posted to debate on this bill:
| Date | 19:55:57, February 15, 2012 CET | From | Social Democratic Party | To | Debating the Financial Rehabilitation Bill of 3259 |
| Message | Concordia will block any increases of tax, the days of Republican socialism are over |
subscribe to this discussion - unsubscribe
Voting
| Vote | Seats | ||
| yes | Total Seats: 71 | ||
| no | Total Seats: 104 | ||
| abstain | Total Seats: 0 |
| Random fact: Real-life organisations should not be referenced in Particracy, unless they are simple and generic (eg. "National Organisation for Women" is allowed). |
| Random quote: "Isn't it about time that the US government stop supporting dictatorships and avaricious oligarchies with our tax monies, munitions, and diplomacy?" - Ralph Nader |