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Bill: Income tax proposal of May 4142
Details
Status[?]: passed
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: January 4143
Description[?]:
The Neo-Liberal Party propose to adjust the government's income tax policy to better address the economic situation of the Federal Union of Gaduridos. |
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 |
> 1 GAD | 10% | 1,222,226,000,000 GAD | Total | 1,222,226,000,000 GAD |
Debate
These messages have been posted to debate on this bill:
Date | 19:02:00, December 28, 2016 CET | From | Classical Liberal Party | To | Debating the Income tax proposal of May 4142 |
Message | This would create a deficit in the national budget, so we strongly oppose and remind the ruling center-right coalition to practice fiscal responsibility. |
Date | 19:12:40, December 28, 2016 CET | From | Federal Democratic Party | To | Debating the Income tax proposal of May 4142 |
Message | Upon further consideration, we rescind our previous support of this proposal. While the Federal Democratic Party supports tax cuts, it is not willing to do so at the expense of fiscal responsibility. |
Date | 21:19:06, December 28, 2016 CET | From | Conservative Renew | To | Debating the Income tax proposal of May 4142 |
Message | We must agree unless we have supplemented cuts we can't support |
Date | 04:53:58, December 29, 2016 CET | From | NLP | To | Debating the Income tax proposal of May 4142 |
Message | This would reduce the surplus by 245 billion, which means that we would still have over 100 billion in surplus (Currently: 350bil in surplus). |
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Voting
Vote | Seats | |||||
yes |
Total Seats: 257 | |||||
no |
Total Seats: 246 | |||||
abstain | Total Seats: 0 |
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