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Bill: Tax proposal of December 3443
Details
Submitted by[?]: New Latin Party
Status[?]: defeated
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 3444
Description[?]:
| The New Latin Party propose that our nation switches to a sales tax system, to entirely avoid the problems of tax evasion. We have done the math, the new totals will equal that of the old system. |
Proposals
Article 1
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 3
Current: 15
Proposed: 10
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 7
Current: 25
Proposed: 35
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 |
| > 25,000 ALO | 35% | 681,000,000 ALO | Total | 681,000,000 ALO |
Debate
These messages have been posted to debate on this bill:
| Date | 22:41:30, February 20, 2013 CET | From | New Latin Party | To | Debating the Tax proposal of December 3443 |
| Message | ((OOC: The Game will not let me eliminate Income tax entirely. So that last tax bracket doesn't really exist.)) |
| Date | 01:04:27, February 21, 2013 CET | From | New Latin Party | To | Debating the Tax proposal of December 3443 |
| Message | Ladies And Gentlemen, I would like to say again that this would still result in the same amount of money each year, everyone would have more money, and tax evasion is, again, impossible. The economy would stay roughly the same because everything would be more expensive, and everyone has more money. |
| Date | 02:51:04, February 21, 2013 CET | From | Alorian Democrat Party | To | Debating the Tax proposal of December 3443 |
| Message | Let us see the new totals for this Tax System you have proposed. The ADP would like to look over them before we vote on this bill. Arthit Mongkut ADP Leader |
| Date | 13:05:56, February 21, 2013 CET | From | New Latin Party | To | Debating the Tax proposal of December 3443 |
| Message | The Estimates are as follows... The Essential goods would result in : 20,000,000 ALOs each year The Luxury goods result in : 45,000,000 ALOs each year. Leading to a rough 65,000,000 ALOs before corporate tax, more than enough each year, we would still have a surplus. Maria Castro |
| Date | 15:32:06, February 21, 2013 CET | From | Alorian Democrat Party | To | Debating the Tax proposal of December 3443 |
| Message | It seems to be fair, and it will mean no tax evasion. We will vote for it! |
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Voting
| Vote | Seats | |||||
| yes |
Total Seats: 79 | |||||
| no |
Total Seats: 160 | |||||
| abstain | Total Seats: 11 |
| Random fact: To see what other nations are up to and to actively involve yourself in international activities: check the Roleplaying section on the forum! Don't be shy to make a news post about your party's recent achievements. |
| Random quote: "I am loyal to the ideas, not to the institutions." - Cyro Aquila, former Selucian politician |