We are working on a brand new version of the game! If you want to stay informed, read our blog and register for our mailing list.
Bill: The Great Reformation of Income Tax 4141
Details
Submitted by[?]: Telamonian Workers' Movement (TWM)
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: July 4142
Description[?]:
| The amount of taxation in which we have burdened our citizens with over our nation's most recent history is frankly astonishing. It is no wonder that our economy hasn't been growing. And this is from a socialist-leaning party's prospective. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 45
Current: 45
Proposed: 20
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 15
Current: 27
Proposed: 10
Article 3
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 |
| > 1,000 TPD | 40% | 45,076,000,000 TPD |
| > 3,000 TPD | 45% | 39,459,000,000 TPD |
| > 5,000 TPD | 50% | 23,248,000,000 TPD |
| > 7,000 TPD | 55% | 15,095,000,000 TPD |
| > 9,000 TPD | 60% | 10,972,000,000 TPD |
| > 11,000 TPD | 65% | 6,500,000,000 TPD |
| > 13,000 TPD | 70% | 2,790,000,000 TPD |
| > 15,000 TPD | 75% | 5,965,000,000 TPD | Total | 149,105,000,000 TPD |
Debate
These messages have been posted to debate on this bill:
| Date | 20:22:27, December 27, 2016 CET | From | Liberal Alliance Party (LAP) | To | Debating the The Great Reformation of Income Tax 4141 |
| Message | You are proposing cutting income taxes....this will bringnour country to a deficit...look at the national budget...should this happen we would go from surplus to deficit you will tank our economy |
| Date | 20:54:45, December 27, 2016 CET | From | Telamonian Workers' Movement (TWM) | To | Debating the The Great Reformation of Income Tax 4141 |
| Message | I've worked out the figures, we do not need such high taxation. Our new budget accounts for these tax rates. |
| Date | 23:09:07, December 27, 2016 CET | From | Liberal Alliance Party (LAP) | To | Debating the The Great Reformation of Income Tax 4141 |
| Message | Article 1 and 2 are very bad decisions...we reject this bill |
subscribe to this discussion - unsubscribe
Voting
| Vote | Seats | |||
| yes | Total Seats: 223 | |||
| no | Total Seats: 177 | |||
| abstain | Total Seats: 0 |
| Random fact: Whilst the use of non-English languages can be appropriate for nation names, party names, constitutional titles and other variables, English is the official language of communication in the game. All descriptive texts and public communications should be in English or at least appear alongside a full English translation. |
| Random quote: "The Religious Right dislikes both abortions and homosexuality. But who has fewer abortions than gays?" - George Carlin |