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Bill: Income tax proposal of July 4172
Details
Submitted by[?]: Liberecana Unio
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: September 4173
Description[?]:
| The Liberecana Unio propose to adjust the government's income tax policy to better address the economic situation of the Federacio de Zardugalo. |
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 ZAR | 3% | 6,870,000,000 ZAR |
| > 5,000 ZAR | 5% | 14,313,000,000 ZAR |
| > 10,000 ZAR | 15% | 85,880,000,000 ZAR |
| > 20,000 ZAR | 25% | 125,130,000,000 ZAR |
| > 30,000 ZAR | 40% | 243,728,000,000 ZAR |
| > 50,000 ZAR | 44% | 301,561,000,000 ZAR | Total | 777,482,000,000 ZAR |
Debate
These messages have been posted to debate on this bill:
| Date | 00:31:07, February 27, 2017 CET | From | Liberecana Unio | To | Debating the Income tax proposal of July 4172 |
| Message | I promised a tax cut, here it is. |
| Date | 12:24:51, February 27, 2017 CET | From | Socia Libereco Partio | To | Debating the Income tax proposal of July 4172 |
| Message | No! What is your plan with this nonsense?? |
| Date | 16:10:12, February 27, 2017 CET | From | Liberecana Unio | To | Debating the Income tax proposal of July 4172 |
| Message | To boost the economy. So that people have more money. Less government intervention. More free market. |
| Date | 22:01:10, February 27, 2017 CET | From | Socia Libereco Partio | To | Debating the Income tax proposal of July 4172 |
| Message | You're pretty laissez faire-minded, aren't you? :) |
| Date | 00:34:01, February 28, 2017 CET | From | Liberecana Unio | To | Debating the Income tax proposal of July 4172 |
| Message | I am very laissez faire minded, libertarian party after all. |
| Date | 00:34:46, February 28, 2017 CET | From | Liberecana Unio | To | Debating the Income tax proposal of July 4172 |
| Message | I would go further, but I believe this is a good compromise. |
| Date | 00:45:46, February 28, 2017 CET | From | Socia Libereco Partio | To | Debating the Income tax proposal of July 4172 |
| Message | you go from step 5 to 6 with 20.000 ZAR! That is a way to big step and it will make the discrepancies in our average income bigger and bigger. |
| Date | 00:54:12, February 28, 2017 CET | From | Liberecana Unio | To | Debating the Income tax proposal of July 4172 |
| Message | The step 5 to 6 is a sort of 'tax on the rich', I would make the top tax at 35%, but went with a more gradual decrease. |
| Date | 00:59:12, February 28, 2017 CET | From | Liberecana Unio | To | Debating the Income tax proposal of July 4172 |
| Message | See this as neo-'Reaganomics', but without going into debt as we have a surplus due to low govt. spending. |
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Voting
| Vote | Seats | |
| yes |
Total Seats: 289 | |
| no |
Total Seats: 211 | |
| abstain | Total Seats: 0 |
| Random fact: The majority of nations in Particracy are "Culturally Protected" with an established cultural background. Only the "Culturally Open" nations are not bound by the rules surrounding culture. The Cultural Protocols Index should be consulted for more information about the cultural situation of each nation. |
| Random quote: "Economic advance is not the same thing as human progress." - John Clapham |