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Bill: Economic revolultion
Details
Submitted by[?]: Nationella arbetarpartiet, (NA)
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: January 4034
Description[?]:
The Socialdemokratiska partiet propose to adjust the government's income tax policy to better address the economic situation of the Förbundsrepubliken Telamon. |
Proposals
Article 1
Proposal[?] to change The banking system.
Old value:: All banks are privately owned.
Current: The government operates and owns all banks.
Proposed: The government operates large, national banks, but small community based private banks are allowed.
Article 2
Proposal[?] to change The nation's policy on minimum wage regulation.
Old value:: There is no provision for a minimum wage.
Current: There shall be a minimum wage at a level considered a "living wage," well above the poverty line for a full time worker.
Proposed: There shall be a minimum wage at a level considered a "living wage," well above the poverty line for a full time worker.
Article 3
Proposal[?] to change Sales tax on luxury goods.
Old value:: 0
Current: 27
Proposed: 30
Article 4
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 0
Current: 7
Proposed: 20
Article 5
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 0
Current: 45
Proposed: 40
Article 6
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 |
> 100 TPD | 10% | 5,095,000,000 TPD |
> 1,000 TPD | 15% | 42,754,000,000 TPD |
> 10,000 TPD | 30% | 8,986,000,000 TPD | Total | 56,835,000,000 TPD |
Debate
These messages have been posted to debate on this bill:
Date | 18:24:28, May 24, 2016 CET | From | Oberoende Alternativ (OA) | To | Debating the Economic revolultion |
Message | "Mr. Speaker, Massive tax increases on the poor are not only unnecessary, they are immoral." - Wilhelm Westerwel Statsminister of Telamon |
Date | 20:33:53, May 24, 2016 CET | From | Nationella arbetarpartiet, (NA) | To | Debating the Economic revolultion |
Message | Mr. speaker this is not massive tax increases, besides the money we will be used to further advance the budget for helping the people later on. -peter leaf speechman of socialdemokratiska partiet |
Date | 20:35:38, May 24, 2016 CET | From | Nationella arbetarpartiet, (NA) | To | Debating the Economic revolultion |
Message | also they are not unnecessary, to help the people of this great country become great |
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Voting
Vote | Seats | |||
yes | Total Seats: 67 | |||
no | Total Seats: 33 | |||
abstain | Total Seats: 0 |
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Random quote: "Politics is the art of postponing decisions until they are no longer relevant." - Henri Queuille |