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Bill: Income tax proposal of September 3482
Details
Submitted by[?]: HM Loyal Opposition
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: May 3483
Description[?]:
| The Centre Faction propose to adjust the government's income tax policy to better address the economic situation of the Da Yingdala Diguo (Indrala). We propose to create a more capitalist system by lowering taxes and cutting the budget. |
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 |
| > 1 INS | 3% | 63,829,000,000 INS |
| > 36,334 INS | 7% | 153,458,000,000 INS |
| > 82,117 INS | 15% | 216,037,000,000 INS |
| > 164,233 INS | 25% | 109,584,000,000 INS |
| > 307,392 INS | 35% | 19,791,000,000 INS | Total | 562,699,000,000 INS |
Debate
These messages have been posted to debate on this bill:
| Date | 21:37:33, May 09, 2013 CET | From | 鑫派 / Xīnpài (Xin Faction) | To | Debating the Income tax proposal of September 3482 |
| Message | Mr. Speaker, This is absurd and it would put us in debt, causing our currency value in KRV to decrease significantly. We should first aim to cut spending, then cut taxes after. I yield. -- Han Fen II, Opposition Spokesman on Finance |
| Date | 17:26:36, May 10, 2013 CET | From | 姬恩黨 (Jien Faction) 🌄 | To | Debating the Income tax proposal of September 3482 |
| Message | Mr. Speaker, We agree with the Xinpusen Wangchao. I yield. |
| Date | 18:08:39, May 10, 2013 CET | From | 鑫派 / Xīnpài (Xin Faction) | To | Debating the Income tax proposal of September 3482 |
| Message | Mr. Speaker, We thank the Jien-MZD for being objective instead of blindly supporting their coalition partners as their coalition partners expected. To offer full parliamentary support for a bill, before a proper analysis of it, would be absurd. We, again, thank the Jien-MZD. I yield. -- Xinpusen Jialei Oppostion Leader |
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Voting
| Vote | Seats | ||
| yes |
Total Seats: 70 | ||
| no | Total Seats: 130 | ||
| abstain | Total Seats: 0 |
| Random fact: In cases where players introduce RP laws to a nation and then leave, Moderation reserves the discretion to declare the RP laws void if they appear to have fallen into disuse. In particular, please bear in mind that a player who is inexperienced with Particracy role-play and has joined a nation as the only party there should not generally be expected to abide by RP laws implemented by previous players who have been and left. |
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