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Bill: Income tax proposal of August 4021
Details
Submitted by[?]: Conservative Renew
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: May 4022
Description[?]:
After reviewing the numbers I have decided that the people should benefit from our large budget surplus and deserve a tax cut with this proposal we will reduce the tax burden on the people while also creating a more fair tax rate. Also after this tax cut we will still have more than a Trillion Dollar Budget surplus. Camilla Loretta Finance Minister |
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 |
> 25,000 GAD | 15% | 108,877,000,000 GAD |
> 37,500 GAD | 15% | 108,877,000,000 GAD |
> 50,000 GAD | 15% | 433,958,000,000 GAD |
> 100,000 GAD | 15% | 965,958,000,000 GAD | Total | 1,617,670,000,000 GAD |
Debate
These messages have been posted to debate on this bill:
Date | 03:29:27, May 01, 2016 CET | From | Conservative Renew | To | Debating the Income tax proposal of August 4021 |
Message | After reviewing the numbers I have decided that the people should benefit from our large budget surplus and deserve a tax cut with this proposal we will reduce the tax burden on the people while also creating a more fair tax rate. Also after this tax cut we will still have more than a Trillion Dollar Budget surplus. |
Date | 07:17:11, May 01, 2016 CET | From | Classical Liberal Party | To | Debating the Income tax proposal of August 4021 |
Message | The Neo-Democratic Party supports this tax cut. Samuel Brunetti Head Party Representative in Federal Senate, NDP |
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Voting
Vote | Seats | ||
yes |
Total Seats: 367 | ||
no | Total Seats: 0 | ||
abstain |
Total Seats: 283 |
Random fact: Cabinet ministers who disagree seriously with the head of government would usually be expected to resign. Parties within the cabinet may attempt to manoeuvre to replace the head of government though, for example by proposing a new cabinet bill or voting for an early election. |
Random quote: "I'll see you in the Palace in Kivonia once we win this war... and I'm ecstatic to be the one to execute you. Sleep well." - Queen Annalise, former Telamonese monarch |