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Bill: Income tax proposal of May 4149
Details
Submitted by[?]: Liberal Alliance Party (LAP)
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: February 4150
Description[?]:
The Liberal Alliance Party (LAP) propose to adjust the government's income tax policy to better address the economic situation of the Republic Of Telamonia. |
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 |
> 1,000 TPD | 50% | 56,421,000,000 TPD |
> 3,000 TPD | 55% | 48,294,000,000 TPD |
> 5,000 TPD | 60% | 27,951,000,000 TPD |
> 7,000 TPD | 65% | 17,883,000,000 TPD |
> 9,000 TPD | 70% | 12,830,000,000 TPD |
> 11,000 TPD | 75% | 7,528,000,000 TPD |
> 13,000 TPD | 80% | 3,202,000,000 TPD |
> 15,000 TPD | 85% | 6,793,000,000 TPD | Total | 180,902,000,000 TPD |
Debate
These messages have been posted to debate on this bill:
Date | 18:56:48, January 11, 2017 CET | From | Liberal Alliance Party (LAP) | To | Debating the Income tax proposal of May 4149 |
Message | We propose a moderate increase to income taxes in our nation....should it pass we promise and increase on spending to Ministries that will help our people Socially and Economically |
Date | 18:57:35, January 11, 2017 CET | From | Liberal Alliance Party (LAP) | To | Debating the Income tax proposal of May 4149 |
Message | "We expect the support of our respectable coalition"-Finance Minister Jessica Trapp |
Date | 19:17:40, January 11, 2017 CET | From | Leftist Unitist Coalition | To | Debating the Income tax proposal of May 4149 |
Message | We support |
Date | 19:37:03, January 11, 2017 CET | From | Authoritarian Party | To | Debating the Income tax proposal of May 4149 |
Message | "More taxes will always be good" - Finance Minister Candidate Angela Hall |
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Voting
Vote | Seats | ||||
yes | Total Seats: 155 | ||||
no | Total Seats: 0 | ||||
abstain |
Total Seats: 145 |
Random fact: The voters enjoy active parties who take upon themselves the initiative to create laws. |
Random quote: "Power always has to be kept in check; power exercised in secret, especially under the cloak of national security, is doubly dangerous." - William Proxmire |