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Bill: Income tax proposal of December 3878
Details
Submitted by[?]: National Republican 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: August 3879
Description[?]:
| The National Republican Party propose to adjust the government's income tax policy to better address the economic situation of the Republic of Telamon. We have been running a deficit for far too long. This is a stopgap measure - the government finds that the level of taxation proposed in unsustainable in the long run, but will accept it to fund a modernization of the armed forces. |
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 TPD | 7% | 5,938,000,000 TPD |
| > 1,500 TPD | 10% | 12,156,000,000 TPD |
| > 3,750 TPD | 23% | 20,424,000,000 TPD |
| > 6,500 TPD | 35% | 16,149,000,000 TPD |
| > 10,000 TPD | 46% | 10,098,000,000 TPD |
| > 15,000 TPD | 54% | 4,299,000,000 TPD | Total | 69,064,000,000 TPD |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||||
| yes | Total Seats: 326 | ||||
| no | Total Seats: 0 | ||||
| abstain |
Total Seats: 146 |
| Random fact: In cases where players have failed to clearly and accurately reference their nation's RP laws in the "Bills under debate" section, Moderation will rule them invalid if a challenge is made to their validity. |
| Random quote: "I think you should defend to the death their right to march, and then go down and meet them with baseball bats." - Woody Allen, on the Ku Klux Klan |