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Bill: COM Finance Minister's Tax Reduction for the People
Details
Submitted by[?]: Conservative Ordo Malleus (COM)
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: July 4162
Description[?]:
| Our national government had been heavily taxing the people of Telamon to the point that individuals could no longer afford to privately invest, save, and spend their money as they see fit. With government spending at a historic low we believe the government can reduce the burden on the individual by lowering taxes. This proposed tax system will leave Telamon with a surplus allowing the government to save and spend that surplus as necessary without forcing our citizens to excessively shoulder the cost. |
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 |
| > 2,500 TPD | 1% | 1,158,000,000 TPD |
| > 5,000 TPD | 5% | 4,225,000,000 TPD |
| > 10,000 TPD | 10% | 2,202,000,000 TPD |
| > 15,000 TPD | 25% | 1,998,000,000 TPD | Total | 9,583,000,000 TPD |
Debate
These messages have been posted to debate on this bill:
| Date | 16:51:27, February 05, 2017 CET | From | Conservative Ordo Malleus (COM) | To | Debating the COM Finance Minister's Tax Reduction for the People |
| Message | Our national government had been heavily taxing the people of Telamon to the point that individuals could no longer afford to privately invest, save, and spend their money as they see fit. With government spending at a historic low we believe the government can reduce the burden on the individual by lowering taxes. This proposed tax system will leave Telamon with a surplus allowing the government to save and spend that surplus as necessary without forcing our citizens to excessively shoulder the cost. |
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Voting
| Vote | Seats | ||
| yes | Total Seats: 180 | ||
| no | Total Seats: 0 | ||
| abstain |
Total Seats: 120 |
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| Random quote: "In Germany they first came for the Communists and I didn't speak up because I wasn't a Communist. Then they came for the Jews, and I didn't speak up because I wasn't a Jew. Then they came for the trade unionists and I didn't speak up because I wasn't a trade unionist. Then they came for the Catholics, and I didn't speak up because I was a Protestant. Then they came for me--and by that time no one was left to speak up." - Pastor Martin Niemoller |