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Bill: Income tax proposal of January 3280
Details
Submitted by[?]: House Stafford
Status[?]: passed
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: September 3280
Description[?]:
| The House Stafford propose to adjust the government's income tax policy to better address the economic situation of the United Federal Republic of Telamon. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 25
Current: 45
Proposed: 15
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 30
Current: 27
Proposed: 15
Article 3
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% | 8,508,000,000 TPD |
| > 2,500 TPD | 20% | 23,186,000,000 TPD |
| > 5,000 TPD | 28% | 23,683,000,000 TPD |
| > 10,000 TPD | 35% | 10,516,000,000 TPD | Total | 65,893,000,000 TPD |
Debate
These messages have been posted to debate on this bill:
| Date | 07:31:38, March 28, 2012 CET | From | United Centrist Party | To | Debating the Income tax proposal of January 3280 |
| Message | Mr. Speaker, We in the UCP hereby support this measure. This will bring in much needed revenue to fund new projects and reduces the overall tax burden felt by the middle class. |
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Voting
| Vote | Seats | |||||
| yes |
Total Seats: 381 | |||||
| no | Total Seats: 84 | |||||
| abstain | Total Seats: 135 |
| Random fact: "Nation raiding" or a malevolent coordinated effort by a single user or group of users to interrupt the gameplay, significantly alter the culture or direction of a nation is strictly prohibited. Players interacting in nation raiding will be sanctioned. |
| Random quote: "You can only progress when you think big, you can only move forward when you look further." - Arria Ivmarus, former Selucian politician |