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Bill: Income tax proposal of May 3342
Details
Submitted by[?]: Zardio Federisma Partio
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: January 3343
Description[?]:
| The Conservative Republican Party propose to adjust the government's income tax policy to better address the economic situation of the Federation of Zardugal. |
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 |
| > 5,000 ZAR | 2% | 5,732,000,000 ZAR |
| > 10,000 ZAR | 5% | 28,659,000,000 ZAR |
| > 20,000 ZAR | 10% | 69,704,000,000 ZAR |
| > 35,000 ZAR | 15% | 62,088,000,000 ZAR |
| > 50,000 ZAR | 20% | 100,207,000,000 ZAR |
| > 100,000 ZAR | 25% | 46,098,000,000 ZAR |
| > 200,000 ZAR | 30% | 0 ZAR |
| > 500,000 ZAR | 35% | 0 ZAR |
Total | 312,488,000,000 ZAR |
Debate
These messages have been posted to debate on this bill:
| Date | 22:54:57, July 30, 2012 CET |
From |  New Democratic Party | To | Debating the Income tax proposal of May 3342 | | Message | Lower taxes are good to a certain extent - when the poor are thrown to the wolves. Sure, we have cut taxes very often before. This just crosses a line - and not a very fine line - that should never be crossed by a responsible government. |
| Date | 23:25:59, July 30, 2012 CET |
From | Zardic Labour Party | To | Debating the Income tax proposal of May 3342 | | Message | These radical tax cuts would be an unmitigated disaster for the Zardic people. Not only will whatever benefit they might bring would be obliterated by the Finance Minister's proposals to decimate public expenditure overnight, but they are wholly unnecessary - the nation has a budget surplus and a stable economy. The existing tax system is all ready exceptionally generous towards all income bands compared to some nations; this Government's fiscal policy will only serve to make the richer richer and the poor dramatically, devastatingly poorer. |
| Date | 23:40:18, July 30, 2012 CET |
From | New Democratic Party | To | Debating the Income tax proposal of May 3342 | | Message | With all due respect, we are becoming increasingly inclined to inquire as to whether or not the CRP are qualified to handle the finances of a chips (fries if you like) stall, let alone the economy of a country. |
| Date | 07:59:07, July 31, 2012 CET |
From | Zardio Federisma Partio | To | Debating the Income tax proposal of May 3342 | | Message | Well the CRP did try and have the NDP stay on in the Finance Ministry but a certain party wouldn't have it. Regret it now eh? Oh well, this is learning curve as we never fiddled with this before. |
| Date | 10:13:04, July 31, 2012 CET |
From | New Democratic Party | To | Debating the Income tax proposal of May 3342 | | Message | Ah, we see that you are accusing us of your incompetence. If you feel so unqualified to handle our finances - rightly so - then perhaps you should not try to gain a mandate to govern. |
| Date | 23:07:53, July 31, 2012 CET |
From | New Democratic Party | To | Debating the Income tax proposal of May 3342 | | Message | Or perhaps you should already have learnt how to handle a nation's finances before gaining an opportunity to destroy our economy. You should not be absolute rookies, even if you have not governed before. |
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| Vote |
Seats |
| yes | Total Seats: 381 |
| no | Total Seats: 369 |
| abstain | Total Seats: 0 |
| Random fact: In general, role-play requires the consent of all players. |
| Random quote: "The evil of the world is made possible by nothing but the sanction you give it." - Ayn Rand |