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Bill: Income tax proposal of September 3793
Details
Submitted by[?]: National Republican 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 pass as soon as the required yes votes are in, or will be defeated if unsufficient votes are reached on the deadline.
Voting deadline: April 3797
Description[?]:
The National Republicanism Party propose to adjust the government's income tax policy to better address the economic situation of the Republic of Telamon. |
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 |
> 2,500 TPD | 13% | 15,065,000,000 TPD |
> 5,000 TPD | 23% | 19,445,000,000 TPD |
> 10,000 TPD | 32% | 7,051,000,000 TPD |
> 15,000 TPD | 42% | 3,358,000,000 TPD | Total | 44,919,000,000 TPD |
Debate
These messages have been posted to debate on this bill:
Date | 21:54:05, January 30, 2015 CET | From | Democratic Socialist Party | To | Debating the Income tax proposal of September 3793 |
Message | DOA |
Date | 01:10:14, February 01, 2015 CET | From | National Republican Party | To | Debating the Income tax proposal of September 3793 |
Message | Surely allowing the people to have more money is in the national interest? We are currently running a surplus and lessening it (more reach neutrality) is beyond a fair price to pay for the economic stimulus created by citizens with more money in their pockets to purchase and invest with. |
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Voting
Vote | Seats | |
yes | Total Seats: 28 | |
no | Total Seats: 47 | |
abstain | Total Seats: 0 |
Random fact: Don't put "the" as the first word in your party name, because when parties are referred to in news reports, their names are preceded with "the", e.g. the [Socialist Party] has lost. |
Random quote: "Who are the militia? Are they not ourselves? Is it feared, then, that we shall turn our arms each man gainst his own bosom. Congress have no power to disarm the militia. Their swords, and every other terrible implement of the soldier, are the birthright of an American...[T]he unlimited power of the sword is not in the hands of either the federal or state governments, but, where I trust in God it will ever remain, in the hands of the people." - Tenche Coxe |