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Bill: Income tax proposal of June 4135
Details
Submitted by[?]: Factio Conservativa
Status[?]: defeated
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: February 4136
Description[?]:
| The Factio Conservativa propose to adjust the government's income tax policy to better address the economic situation of the Regnum de Selucia. |
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 |
| > 250 SEN | 5% | 713,000,000 SEN |
| > 500 SEN | 6% | 1,712,000,000 SEN |
| > 1,000 SEN | 7% | 799,000,000 SEN |
| > 1,200 SEN | 10% | 3,424,000,000 SEN |
| > 1,800 SEN | 17% | 2,911,000,000 SEN |
| > 2,100 SEN | 19% | 2,169,000,000 SEN |
| > 2,300 SEN | 20% | 3,424,000,000 SEN |
| > 2,600 SEN | 22% | 5,022,000,000 SEN |
| > 3,000 SEN | 25% | 4,280,000,000 SEN |
| > 3,300 SEN | 26% | 10,387,000,000 SEN |
| > 4,000 SEN | 29% | 4,958,000,000 SEN |
| > 4,300 SEN | 30% | 10,838,000,000 SEN |
| > 5,000 SEN | 34% | 4,874,000,000 SEN |
| > 5,300 SEN | 35% | 10,719,000,000 SEN |
| > 6,000 SEN | 36% | 5,659,000,000 SEN |
| > 6,400 SEN | 38% | 8,230,000,000 SEN |
| > 7,000 SEN | 40% | 6,661,000,000 SEN |
| > 7,500 SEN | 41% | 6,284,000,000 SEN |
| > 8,000 SEN | 43% | 11,279,000,000 SEN |
| > 9,000 SEN | 45% | 85,384,000,000 SEN | Total | 189,727,000,000 SEN |
Debate
These messages have been posted to debate on this bill:
| Date | 20:20:22, December 14, 2016 CET | From | Factio Conservativa | To | Debating the Income tax proposal of June 4135 |
| Message | It's is time to end these abrupt and frankly vile tax system |
| Date | 21:06:18, December 14, 2016 CET | From | Partis Laboris | To | Debating the Income tax proposal of June 4135 |
| Message | Absolutely not. You'll bankrupt our government |
| Date | 23:06:52, December 14, 2016 CET | From | Factio Conservativa | To | Debating the Income tax proposal of June 4135 |
| Message | We currently have a 150 billion surplus. This bill reduces that by approximately 30 billion. We are not doing anything with that money |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 307 | ||||
| no |
Total Seats: 374 | ||||
| abstain | Total Seats: 69 |
| Random fact: If there are no parties in your nation with seats, feel free to visit the forum and request an early election on the Early Election Requests thread: http://forum.particracy.net/viewtopic.php?f=11&t=4362 |
| Random quote: We are in politics not because we hate our fellow man, but because we love him. ~ Anton Weinreich, General Secretary of the Dorvish Communist Part |