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Bill: Income tax proposal of November 3569
Details
Submitted by[?]: Fascist Religious Telamonese 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: April 3571
Description[?]:
The Telamonian Defence Party propose to adjust the government's income tax policy to better address the economic situation of the Republic of Telamon. |
Proposals
Article 1
Proposal[?] to change The banking system.
Old value:: The government operates a central bank and all other banks are private.
Current: The government operates and owns all banks.
Proposed: The government operates large, national banks, but small community based private banks are allowed.
Article 2
Proposal[?] to change The government's policy with respect to the production of pornography.
Old value:: The production of pornography is legal, but regulated.
Current: The production of pornography is legal, but regulated.
Proposed: The production of pornography is treated as any other business.
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 |
> 1 TPD | 15% | 10,607,000,000 TPD |
> 1,250 TPD | 18% | 12,738,000,000 TPD |
> 2,500 TPD | 21% | 13,650,000,000 TPD |
> 3,750 TPD | 24% | 2,767,000,000 TPD |
> 4,000 TPD | 20% | 7,837,000,000 TPD |
> 5,000 TPD | 27% | 7,565,000,000 TPD |
> 6,000 TPD | 30% | 5,569,000,000 TPD |
> 7,000 TPD | 35% | 5,223,000,000 TPD |
> 8,000 TPD | 40% | 5,035,000,000 TPD |
> 9,000 TPD | 45% | 4,658,000,000 TPD |
> 10,000 TPD | 50% | 3,989,000,000 TPD |
> 11,000 TPD | 55% | 3,293,000,000 TPD |
> 12,000 TPD | 60% | 2,428,000,000 TPD |
> 13,000 TPD | 65% | 1,486,000,000 TPD |
> 14,000 TPD | 70% | 6,795,000,000 TPD | Total | 93,640,000,000 TPD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | ||
yes | Total Seats: 750 | ||
no | Total Seats: 0 | ||
abstain | Total Seats: 0 |
Random fact: It is possible for a player to transfer ownership of a character or a royal house to another player. This should be done in a public way, such as on the Character Transfers thread, so that if a dispute arises in the future, Moderation can be pointed towards evidence of the transfer. |
Random quote: "Idealism is fine; but as it approaches reality, the cost becomes prohibitive." - William F. Buckley, Jr. |