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Bill: Taxation Policy for Regulotary Socialism
Details
Submitted by[?]: Sindicato Obrero Libre
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: July 3282
Description[?]:
Minister of Finance, Pr. Anzo Candela, proposes these tax cuts for the many, and tax hikes for some, in order to transfer from the Nationalised Socialism face, to the Regulatory Socialism. After almost one-hundred years of economic cleansing from corrupt capitalism, we have created a fair market, and now decide to open it up for more economic freedom. The people need not the government anymore, and the government will step back and only regulate. Some industries shall remain in state hand, for obvious reasoning. Now, with each citizen provided equal opportunity via good education and healthcare, anyone can prosper in our glorious society. May Parliament enact this taxation policy, and usher in an even more prosperous era for Free Gaduridos! Minister Anzo Candela Department of Finance |
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 |
> 25,000 GAD | 3% | 43,511,000,000 GAD |
> 50,000 GAD | 5% | 72,518,000,000 GAD |
> 75,000 GAD | 10% | 144,004,000,000 GAD |
> 100,000 GAD | 25% | 555,633,000,000 GAD |
> 150,000 GAD | 40% | 613,518,000,000 GAD |
> 200,000 GAD | 60% | 527,103,000,000 GAD |
> 250,000 GAD | 75% | 438,465,000,000 GAD |
> 300,000 GAD | 80% | 556,244,000,000 GAD |
> 400,000 GAD | 85% | 267,960,000,000 GAD |
> 500,000 GAD | 90% | 97,504,000,000 GAD |
> 600,000 GAD | 93% | 52,044,000,000 GAD |
> 700,000 GAD | 95% | 26,581,000,000 GAD |
> 750,000 GAD | 97% | 13,465,000,000 GAD | Total | 3,408,550,000,000 GAD |
Debate
These messages have been posted to debate on this bill:
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Vote | Seats | |
yes |
Total Seats: 750 | |
no | Total Seats: 0 | |
abstain | Total Seats: 0 |
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