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Bill: Tax 2171
Details
Submitted by[?]: Txurruka/Aperribai/Mayoz's OPX
Status[?]: passed
Votes: This bill proposes to change income taxes. It requires more than half of the legislature to vote yes. This bill will not pass any sooner than the deadline.
Voting deadline: August 2171
Description[?]:
The Liberal Libertarian Party propose to adjust the government's income tax policy to better address the economic situation of the Republica Baltusia. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 25
Current: 0
Proposed: 30
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 30
Current: 0
Proposed: 25
Article 3
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 |
> 15,000 BLD | 10% | 101,687,000,000 BLD |
> 35,000 BLD | 20% | 158,386,000,000 BLD |
> 70,000 BLD | 40% | 91,270,000,000 BLD | Total | 351,343,000,000 BLD |
Debate
These messages have been posted to debate on this bill:
Date | 02:02:09, January 14, 2006 CET | From | Txurruka/Aperribai/Mayoz's OPX | To | Debating the Tax 2171 |
Message | As the poor of our society were being overtaxed, on the re-assesment of the budget, we also decided that an overhaul of the taxation system was required. |
Date | 12:34:02, January 14, 2006 CET | From | National Party of Baltusia | To | Debating the Tax 2171 |
Message | A noble endevour. |
Date | 19:55:58, January 14, 2006 CET | From | Libertad y Justicia | To | Debating the Tax 2171 |
Message | This may have worked in the era of Robin Hood. But we are a free society. Most of the poor people are poor because they chose to be. Most of the rich people are rich because they became so. Don't tax the men of ability because they showed the initiative to work, to create, to produce. A more just alternative would be a flat tax. |
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Voting
Vote | Seats | |||
yes | Total Seats: 205 | |||
no |
Total Seats: 43 | |||
abstain | Total Seats: 113 |
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