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Bill: Tax proposal of May 3370
Details
Submitted by[?]: Free Labour Party
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: January 3371
Description[?]:
| The Free Labour Party propose to adjust the government's income tax policy to better address the economic situation of the United Republics of Lodamun. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 20
Current: 30
Proposed: 25
Article 2
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 LOD | 10% | 17,879,000,000 LOD |
| > 5,000 LOD | 15% | 7,337,000,000 LOD |
| > 10,000 LOD | 20% | 737,000,000 LOD | Total | 25,953,000,000 LOD |
Debate
These messages have been posted to debate on this bill:
| Date | 23:04:51, September 24, 2012 CET | From | Conglomeratist Party | To | Debating the Tax proposal of May 3370 |
| Message | Is there a reason we need a larger government surplus? This tax hike seems meaningless. |
| Date | 09:06:16, September 25, 2012 CET | From | Green & Liberal Socialist Party | To | Debating the Tax proposal of May 3370 |
| Message | This tax hike gives us more spending money to spend on public infrastructure and will decrease social inequality caused by our current low tax rate. |
| Date | 16:08:14, September 25, 2012 CET | From | Conglomeratist Party | To | Debating the Tax proposal of May 3370 |
| Message | I'm not sure what good that does. Public infrastructure increases social decay by institutionalizing people towards normalcy. If anything, we should reduce infrastructure so people are personally applying craftsmanship towards culture. For example, driving on highways today is stupid. You don't know why the road was built, and you don't know anyone driving around you. If highways were personally crafted instead, then people would take their time everyday to personally appreciate who built the road and what it stands for. Right now, driving on highways is just a chore. |
| Date | 16:16:41, September 25, 2012 CET | From | Conglomeratist Party | To | Debating the Tax proposal of May 3370 |
| Message | I'm also suspicious because you guys rammed through the budget. Not only did everyone not get to vote on it, but you passed it before fully resolving other bills. (Now my party has an "abstain" vote on that. Not cool.) |
| Date | 22:08:56, September 25, 2012 CET | From | Free Labour Party | To | Debating the Tax proposal of May 3370 |
| Message | Highways are just one part of the infrastructure sector. There are rail networks, airports, ports, water channels, slow roads with no profit to commercial providers. An efficient industry needs an excellent infrastructure network. |
| Date | 23:00:25, September 25, 2012 CET | From | Conglomeratist Party | To | Debating the Tax proposal of May 3370 |
| Message | I agree, but efficiency shouldn't be priority number one. Efficiency only matters if it's creative. That takes art, and art requires private equity. Otherwise, people aren't expressing themselves. They're just expressing what's politically correct to the public because they're afraid. Politically correct infrastructure is miserable. It takes frustration to maintain, and frustration to use. People don't want to live frustrating or miserable lives. They want to live happy lives. They want to celebrate something important. |
| Date | 17:39:29, September 26, 2012 CET | From | Free Labour Party | To | Debating the Tax proposal of May 3370 |
| Message | Industrial efficiency has nothing to do with political correctness. We have nationalized essential parts of the transportation and power supply networks, so we need the money to fund them. A factory without energy or resources will not produce anything. |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 170 | |||
| no | Total Seats: 0 | |||
| abstain |
Total Seats: 105 |
| Random fact: For more information on Particracy's former colonial nations, check out http://forum.particracy.net/viewtopic.php?f=5&t=6640 |
| Random quote: "The smallest minority on earth is the individual. Those who deny individual rights cannot claim to defend minorities." - Ayn Rand |