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Bill: His Majesty's Most Loyal Opposition's Tax Proposal
Details
Submitted by[?]: Liberaalne Blokk
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: October 3485
Description[?]:
The Den Nya Vänstern propose to adjust the government's income tax policy to better address the economic situation of the De Fem Kungadömena av Telamon. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 18
Current: 45
Proposed: 0
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 15
Current: 27
Proposed: 27
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 |
> 2,500 TPD | 15% | 7,967,000,000 TPD |
> 3,500 TPD | 20% | 8,905,000,000 TPD |
> 4,500 TPD | 24% | 8,095,000,000 TPD |
> 5,500 TPD | 30% | 6,818,000,000 TPD |
> 6,500 TPD | 33% | 5,266,000,000 TPD |
> 7,500 TPD | 36% | 12,502,000,000 TPD |
> 10,500 TPD | 40% | 10,253,000,000 TPD | Total | 59,806,000,000 TPD |
Debate
These messages have been posted to debate on this bill:
Date | 09:05:06, May 15, 2013 CET | From | Socialistiska Forum | To | Debating the His Majesty's Most Loyal Opposition's Tax Proposal |
Message | Mr Chairman, This kind of radical and unwieldy tax restructuring is unacceptable to the HVP. Dr. Frederick Angerman Vice Chancellor |
Date | 10:53:11, May 15, 2013 CET | From | Rojalistiska Enhetspartiet | To | Debating the His Majesty's Most Loyal Opposition's Tax Proposal |
Message | Mr. Chairman, to say the least, this proposal is rather silly. It combines an unfair and bizzare income tax system - and I cannot figure out whether the DNV is out to get the rich or the less well-off, given the decrease in tax-free income and the increase in the top rate - with the strange notion that companies shouldn't pay tax. Janina Bjorklund, Infrastructure and Transport Minister, Deputy Leader of the REP |
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Voting
Vote | Seats | ||
yes |
Total Seats: 217 | ||
no |
Total Seats: 254 | ||
abstain |
Total Seats: 28 |
Random fact: Players who deliberately attempt to present a misleading picture of the nation's current RP laws will be subject to sanction. |
Random quote: "The moral justification of capitalism does not lie in the altruist claim that it represents the best way to achieve 'the common good.' It is true that capitalism does, if that catch-phrase has any meaning, but this is merely a secondary consequence. The moral justification for capitalism lies in the fact that it is the only system consonant with man's rational nature, that it protects man's survival qua man, and that its ruling principle is justice." - Ayn Rand |