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: Income tax proposal of April 3338
Details
Submitted by[?]: Nacia Repuvlican partio de Kobura
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: December 3338
Description[?]:
| The Republican Party propose to adjust the government's income tax policy to better address the economic situation of the Respubliko de Koburo (Cobura). |
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 |
| > 4,000 COB | 15% | 15,853,000,000 COB |
| > 6,000 COB | 17% | 14,153,000,000 COB |
| > 8,000 COB | 19% | 29,960,000,000 COB |
| > 18,000 COB | 25% | 2,466,000,000 COB |
| > 20,000 COB | 36% | 1,898,000,000 COB |
| > 22,000 COB | 38% | 1,925,000,000 COB |
| > 26,000 COB | 45% | 667,000,000 COB |
| > 28,000 COB | 50% | 573,000,000 COB |
| > 30,000 COB | 50% | 573,000,000 COB |
| > 32,000 COB | 50% | 573,000,000 COB |
| > 34,000 COB | 50% | 573,000,000 COB |
| > 36,000 COB | 50% | 129,000,000 COB | Total | 69,343,000,000 COB |
Debate
These messages have been posted to debate on this bill:
| Date | 16:15:39, July 22, 2012 CET | From |   Nacia Repuvlican partio de Kobura | To | Debating the Income tax proposal of April 3338 |
| Message | We feel a max rate of 50% is more than enough |
| Date | 19:30:21, July 22, 2012 CET | From | Democratic Labour Party of Cobura | To | Debating the Income tax proposal of April 3338 |
| Message | "This is a massive regressive step and a huge tax cut for the super rich. It shows that the Republicans only stand up for the 5% at the top and not the majority of Coburans. We uge the NAL to stand next to their socialist principles and oppose this tax cut for the rich." Mark Jones shadow Minister for Finance |
| Date | 00:32:00, July 23, 2012 CET | From | Nov Agrara Ligo de Koburo (NAL) | To | Debating the Income tax proposal of April 3338 |
| Message | We agree with the DLPK. If tax cuts are to be made, they should be for the working man, not for the rich. |
subscribe to this discussion - unsubscribe
Voting
| Vote | Seats | |||
| yes | Total Seats: 129 | |||
| no |
Total Seats: 272 | |||
| abstain | Total Seats: 99 |
| Random fact: Alduria, Rildanor and Lourenne all have Canrilaise (French) cultures. |
| Random quote: "I am thankful for the taxes I pay because it means that I'm employed." - Nancie J. Carmody |