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Bill: Tax and Retirement Improvement
Details
Submitted by[?]: Progressive 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 not pass any sooner than the deadline.
Voting deadline: March 4098
Description[?]:
| A proposal to adjust the government's tax and retirement policies to improve the quality of life without tax increases against the poor. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 10
Current: 10
Proposed: 15
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 2
Current: 19
Proposed: 5
Article 3
Proposal[?] to change The professional retirement age.
Old value:: 60
Current: 68
Proposed: 55
Article 4
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 |
| > 12,000 MRD | 1% | 6,748,000,000 MRD |
| > 24,000 MRD | 2% | 8,541,000,000 MRD |
| > 32,000 MRD | 3% | 20,285,000,000 MRD |
| > 48,000 MRD | 4% | 15,128,000,000 MRD |
| > 60,000 MRD | 5% | 51,160,000,000 MRD | Total | 101,862,000,000 MRD |
Debate
These messages have been posted to debate on this bill:
| Date | 05:01:33, September 26, 2016 CET | From | Progressive Party | To | Debating the Tax and Retirement Improvement |
| Message | To reduce the burden on some of the population while only reducing federal income by 57 Million MRD. |
| Date | 05:11:54, September 26, 2016 CET | From | Progressive Party | To | Debating the Tax and Retirement Improvement |
| Message | Previous message is no longer valid - I have amended this bill. |
| Date | 19:35:02, September 26, 2016 CET | From | Social Democratic Party | To | Debating the Tax and Retirement Improvement |
| Message | We would support this bill. |
| Date | 00:30:45, September 27, 2016 CET | From | Social Liberty Party | To | Debating the Tax and Retirement Improvement |
| Message | We can support |
| Date | 23:28:05, September 27, 2016 CET | From | Monarchist-Liberal Party | To | Debating the Tax and Retirement Improvement |
| Message | Corporations tax has been changed not so long ago. We think 10% is just fine (atleast for now). Professional retirement age is also on good level. We are fine with Articles 2 & 4. |
| Date | 01:07:52, September 28, 2016 CET | From | Progressive Party | To | Debating the Tax and Retirement Improvement |
| Message | Out of curiosity, what Articles would each party find mandatory (or would seek to be absent) before they would vote Yes on this bill? |
| Date | 23:39:23, September 28, 2016 CET | From | Mordusia First! | To | Debating the Tax and Retirement Improvement |
| Message | The Tea Party supports this bill 100%. |
| Date | 19:15:51, September 29, 2016 CET | From | Social Democratic Party | To | Debating the Tax and Retirement Improvement |
| Message | All bills are fully backed and endorsed by the SDP. |
| Date | 22:15:49, September 29, 2016 CET | From | Social Democratic Party | To | Debating the Tax and Retirement Improvement |
| Message | We ask parties on the left whether centre-left or hard left, vote to ensure the future is brighter for our children. The SDP is calling all those who believe in equality and fairness to back the Progressive Party's bill. |
| Date | 05:08:19, September 30, 2016 CET | From | Populist Reform Party | To | Debating the Tax and Retirement Improvement |
| Message | We feel this bill could help stimulate the economy and could be a step in the right direction. However,we feel the business tax should stay at 10%. |
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Voting
| Vote | Seats | |||||||
| yes |
Total Seats: 543 | |||||||
| no | Total Seats: 0 | |||||||
| abstain |
Total Seats: 107 |
| Random fact: Particracy does not allow real-life brand names (eg. Coca Cola, McDonalds, Microsoft). However, in the case of military equipment brand names it is permitted to use simple number-letter combinations (eg. T-90 and F-22) borrowed from real life, and also simple generic names, like those of animals (eg. Leopard and Jaguar). |
| Random quote: "Liberalism is the transformation of mankind into cattle." - Friedrich Nietzsche |