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Bill: 3704 Budget: Part 1. Taxation
Details
Submitted by[?]: Progressive Workers of Gaduridos
Status[?]: passed
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: December 3704
Description[?]:
The Progressive Workers of Gaduridos propose to adjust the government's income tax policy to better address the economic situation of the Federal Union of Gaduridos. The Government proposes to raise the taxable income threshold from 20,000 GAD to 27,000 GAD. |
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 |
> 27,000 GAD | 15% | 911,995,000,000 GAD |
> 140,000 GAD | 24% | 1,037,784,000,000 GAD |
> 480,000 GAD | 36% | 76,560,000,000 GAD |
> 700,000 GAD | 39% | 16,400,000,000 GAD | Total | 2,042,739,000,000 GAD |
Debate
These messages have been posted to debate on this bill:
Date | 04:55:04, July 30, 2014 CET | From | Anarcho-Capitalist Party of Gaduridos | To | Debating the 3704 Budget: Part 1. Taxation |
Message | We want the same taxes for every bracket. |
Date | 05:20:34, July 30, 2014 CET | From | Dark-Light Green Communist Party | To | Debating the 3704 Budget: Part 1. Taxation |
Message | we disagree, we believe this to not be progressive, and we want everyone to pay taxe, lowers income people should only a 1% taxes rate, a very small that will not effect on their lives, but at the very least, they will make their contribution, we want more taxe bracket, personnaly, I could very pay a taxe rate of 70% Evgeny-Kathy Dark-Light Leader of the Dark-Light Communist Party |
Date | 05:24:00, July 30, 2014 CET | From | Dark-Light Green Communist Party | To | Debating the 3704 Budget: Part 1. Taxation |
Message | Or course, we are opposed to the anarcho capitalism demand to reduce the budget, Evgeny-Kathy Dark-Light Leader of the Dark-Light Communist Party |
Date | 06:45:27, July 30, 2014 CET | From | Dark-Light Green Communist Party | To | Debating the 3704 Budget: Part 1. Taxation |
Message | four tax brackets with very difference between between, we are not very happy to see this budget. we criticize for being not progressive. Evgeny-Kathy Dark-Light Leader of the Dark-Light Communist Party |
Date | 18:55:59, July 30, 2014 CET | From | Partido Nacional | To | Debating the 3704 Budget: Part 1. Taxation |
Message | Senor Presidente, This proposal would help millions of taxpayers, and would lift some of the lowest income earners out of the tax bracket altogether. We would be pleased to support it. Danki Victorino Santillian Delegate Speaker Partido Nacional |
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Voting
Vote | Seats | |||
yes | Total Seats: 88 | |||
no | Total Seats: 56 | |||
abstain | Total Seats: 7 |
Random fact: Don't vote yes on a cabinet coalition that doesn't give you the power that you deserve. |
Random quote: "Communism needs democracy like the human body needs oxygen." - Leon Trotsky |