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Bill: Disarming the Princes of Greed
Details
Submitted by[?]: Tuesday Is Coming
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: September 2167
Description[?]:
Puts a tighter squeeze on those that live at the expense of the poor. |
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 LOD | 10% | 1,429,000,000 LOD |
> 250 LOD | 15% | 2,153,000,000 LOD |
> 500 LOD | 20% | 2,870,000,000 LOD |
> 750 LOD | 25% | 3,588,000,000 LOD |
> 1,000 LOD | 30% | 4,305,000,000 LOD |
> 1,250 LOD | 35% | 5,023,000,000 LOD |
> 1,500 LOD | 40% | 5,740,000,000 LOD |
> 1,750 LOD | 45% | 6,458,000,000 LOD |
> 2,000 LOD | 50% | 7,083,000,000 LOD |
> 2,250 LOD | 55% | 7,453,000,000 LOD |
> 2,500 LOD | 60% | 7,810,000,000 LOD |
> 2,750 LOD | 65% | 8,010,000,000 LOD |
> 3,000 LOD | 70% | 8,235,000,000 LOD |
> 3,250 LOD | 75% | 8,345,000,000 LOD |
> 3,500 LOD | 80% | 7,873,000,000 LOD |
> 3,750 LOD | 85% | 7,623,000,000 LOD |
> 4,000 LOD | 90% | 6,081,000,000 LOD |
> 4,200 LOD | 92% | 5,508,000,000 LOD |
> 4,400 LOD | 94% | 4,690,000,000 LOD |
> 4,600 LOD | 96% | 4,377,000,000 LOD |
> 4,800 LOD | 98% | 4,275,000,000 LOD |
> 5,000 LOD | 99% | 52,067,000,000 LOD | Total | 170,996,000,000 LOD |
Debate
These messages have been posted to debate on this bill:
Date | 08:17:28, January 06, 2006 CET | From | International Society of Bankers | To | Debating the Disarming the Princes of Greed |
Message | We are sad for the ones who do not have the ability to secede. |
Date | 09:06:10, January 06, 2006 CET | From | Tuesday Is Coming | To | Debating the Disarming the Princes of Greed |
Message | We tried to be as fair as possible, which do you object to? |
Date | 18:31:59, January 06, 2006 CET | From | CNT/AFL | To | Debating the Disarming the Princes of Greed |
Message | Too much tax on lower incomes. |
Date | 06:05:55, January 07, 2006 CET | From | Tuesday Is Coming | To | Debating the Disarming the Princes of Greed |
Message | Lower incomes get it all back with the increased spending. Most of the increased revenue falls to the higher incomes. |
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Voting
Vote | Seats | ||||
yes | Total Seats: 34 | ||||
no |
Total Seats: 48 | ||||
abstain |
Total Seats: 18 |
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. |
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