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Bill: Tax proposal of October 4224
Details
Submitted by[?]: Social Democratic Party
Status[?]: defeated
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: April 4228
Description[?]:
| The Democratic Socialist 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
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 8
Current: 25
Proposed: 12
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 15
Current: 15
Proposed: 20
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 |
| > 10,000 GAD | 5% | 116,017,000,000 GAD |
| > 50,000 GAD | 10% | 289,011,000,000 GAD |
| > 100,000 GAD | 15% | 333,309,000,000 GAD |
| > 150,000 GAD | 20% | 306,665,000,000 GAD |
| > 200,000 GAD | 30% | 263,458,000,000 GAD |
| > 250,000 GAD | 35% | 204,512,000,000 GAD |
| > 300,000 GAD | 40% | 486,242,000,000 GAD | Total | 1,999,214,000,000 GAD |
Debate
These messages have been posted to debate on this bill:
| Date | 10:08:17, June 12, 2017 CET | From | Hosian Civic Union | To | Debating the Tax proposal of October 4224 |
| Message | We will oppose any increase to taxes particularly corporation tax. |
| Date | 01:11:38, June 13, 2017 CET | From | Radical Democratic Party | To | Debating the Tax proposal of October 4224 |
| Message | We support |
| Date | 10:57:27, June 13, 2017 CET | From | Go Gaduridos! [PAG] | To | Debating the Tax proposal of October 4224 |
| Message | We will oppose |
| Date | 15:08:26, June 13, 2017 CET | From | Gaduridos Communist Party | To | Debating the Tax proposal of October 4224 |
| Message | We support this |
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Voting
| Vote | Seats | |||||
| yes | Total Seats: 83 | |||||
| no |
Total Seats: 271 | |||||
| abstain | Total Seats: 147 |
| Random fact: It is not allowed to call more than 5 elections in 5 game years in a nation. The default sanction for a player persisting in the early election tactic will be a seat reset. |
| Random quote: "Hatred is not, and should never be considered as another form of freedom of expression." - Icarion Dadhelus, former Selucian politician |