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Bill: March 2176 Taxation Proposal
Details
Submitted by[?]: Union of Work-Shy Elements
Status[?]: defeated
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 2177
Description[?]:
| The Intransigent Party propose to adjust the government's taxation policy to better address the economic situation of the Kundrati Union. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 15
Current: 45
Proposed: 10
Article 2
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 |
| > 5,000 KUN | 5% | 14,007,000,000 KUN |
| > 10,000 KUN | 10% | 56,028,000,000 KUN |
| > 20,000 KUN | 15% | 223,148,000,000 KUN |
| > 50,000 KUN | 25% | 269,978,000,000 KUN |
| > 100,000 KUN | 30% | 105,126,000,000 KUN |
| > 200,000 KUN | 40% | 15,960,000,000 KUN | Total | 684,247,000,000 KUN |
Debate
These messages have been posted to debate on this bill:
| Date | 13:11:36, January 27, 2006 CET | From | Kundrati Socialist Party | To | Debating the March 2176 Taxation Proposal |
| Message | We don't support tax cuts to rich corporations. Nor do we support this spending plan. |
| Date | 22:46:19, January 27, 2006 CET | From | Union of Work-Shy Elements | To | Debating the March 2176 Taxation Proposal |
| Message | “We don't support tax cuts to rich corporations.” That’s a massive generalisation. “Nor do we support this spending plan.” This is a taxation plan. There’s a slight but crucial difference! |
| Date | 15:49:23, January 28, 2006 CET | From | Kundrati Socialist Party | To | Debating the March 2176 Taxation Proposal |
| Message | First you cut taxes, then you argued for reduced spending because of the deficit you created, now you want to cut taxes further - on corporations, of all things. This is just another part of your cuts agenda. And yes, the typo was really the *crucial* part of our objection. Jesus Christ. |
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Voting
| Vote | Seats | |||||
| yes | Total Seats: 77 | |||||
| no |
Total Seats: 195 | |||||
| abstain |
Total Seats: 33 |
| Random fact: If your "Bills under debate" section is cluttered up with old bills created by inactive parties, report them for deletion on the Bill Clearouts Requests thread: http://forum.particracy.net/viewtopic.php?f=11&t=4363 |
| Random quote: "It makes no difference, in principle, if this 'collective will' is divined by the edicts of a dictator or by majority vote, so long as the rights of the individual may still be sacrificed." - Robert Garmong |