We are working on a brand new version of the game! If you want to stay informed, read our blog and register for our mailing list.
Bill: Income tax proposal of November 3844
Details
Submitted by[?]: Telamonian Reform 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 pass as soon as the required yes votes are in, or will be defeated if unsufficient votes are reached on the deadline.
Voting deadline: July 3845
Description[?]:
| The Telamonian Reform 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 |
| > 1,500 TPD | 10% | 12,187,000,000 TPD |
| > 3,750 TPD | 20% | 17,815,000,000 TPD |
| > 6,500 TPD | 35% | 16,208,000,000 TPD |
| > 10,000 TPD | 50% | 15,021,000,000 TPD | Total | 61,231,000,000 TPD |
Debate
These messages have been posted to debate on this bill:
| Date | 20:59:52, May 12, 2015 CET | From | Telamonian Reform Party | To | Debating the Income tax proposal of November 3844 |
| Message | This bill represents substantial reform of the income tax system. The previous two band system was regressive and hit the lowest earners the most. This system means that the tax burden will be shared more equally among the population, with those who are able to pay more doing so and those on the lowest incomes (less than 1,500TPD) being taken out of tax altogether. |
| Date | 21:28:49, May 12, 2015 CET | From | National Republican Party | To | Debating the Income tax proposal of November 3844 |
| Message | A 50% top rate is unacceptable to the NRP. No one, whatever their means, should have to give half of all that they make to the government. The proposed bottom rate ought to be a few percent higher, and those making over 500 should contribute something like 6%. We hope as well that the government pair these income tax increased with proportional cuts in consumption taxes to spur more consumption. If we are going to take away more of people's income, then we should at least make goods a bit cheaper for the consumers. |
| Date | 22:00:59, May 12, 2015 CET | From | National Republican Party | To | Debating the Income tax proposal of November 3844 |
| Message | We have submitted a more moderate income proposal. We urge all parties to read it and consider it before voting for this one. |
subscribe to this discussion - unsubscribe
Voting
| Vote | Seats | ||||
| yes |
Total Seats: 266 | ||||
| no | Total Seats: 234 | ||||
| abstain | Total Seats: 0 |
| Random fact: The grey space in the east is populated by the forum-based countries, known in-game as the former colonies or the "Third World". These countries are managed by the Third World Coordinator but players can request control of individual countries in the Third World Control Requests thread: http://forum.particracy.net/viewtopic.php?f=11&t=8302 |
| Random quote: "Presidency, n. The greased pig in the field game of American politics." - Ambrose Bierce |