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Bill: Income tax proposal of January 4230
Details
Submitted by[?]: Partito Nazionale Democratico
Status[?]: passed
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: February 4231
Description[?]:
The Alternativa Istaliana propose to adjust the government's income tax policy to better address the economic situation of the Repubblica Istaliana (Istalia). |
Proposals
Article 1
Proposal[?] to change Sales tax on luxury goods.
Old value:: 15
Current: 15
Proposed: 20
Article 2
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 10
Current: 8
Proposed: 15
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 |
> 999 LIS | 9% | 20,510,000,000 LIS |
> 4,999 LIS | 21% | 39,399,000,000 LIS |
> 9,999 LIS | 31% | 23,406,000,000 LIS |
> 14,999 LIS | 41% | 15,632,000,000 LIS |
> 19,999 LIS | 45% | 13,976,000,000 LIS | Total | 112,923,000,000 LIS |
Debate
These messages have been posted to debate on this bill:
Date | 02:00:23, June 22, 2017 CET | From | Partito Nazionale Democratico | To | Debating the Income tax proposal of January 4230 |
Message | Beniamino Massa, Presidente del Consiglio dei Ministri We very reluctantly want to temporarily raise tax, to combat the deficit, whilst gradually reducing spending, and later reduce tax again. That is the plan. For now, we believe this is a good temporary solution. This will only hit the ones who can afford it. |
Date | 02:02:15, June 22, 2017 CET | From | Alleanza Radicale - NCD | To | Debating the Income tax proposal of January 4230 |
Message | Nicola Gasbarro: "We will support if the corporate tax will be cut as soon as possible to not penalize the business" |
Date | 02:10:26, June 22, 2017 CET | From | Partito Nazionale Democratico | To | Debating the Income tax proposal of January 4230 |
Message | Beniamino Massa, As soon as we are out of the deficit. |
Date | 02:23:30, June 22, 2017 CET | From | Nuova Unione | To | Debating the Income tax proposal of January 4230 |
Message | Paolo Conti, MSI chairman "Though personally I oppose this... Heh... Our party will vote in support of this change." |
Date | 22:38:50, June 22, 2017 CET | From | Partito Nazionale Democratico | To | Debating the Income tax proposal of January 4230 |
Message | Beniamino Massa, "You have seen our deficit. You have seen the proposed cuts. We can not cut everything, but we can increase taxes a little bit, only for this small time. I personally completely despise this bill, but what can you do? Thank you Gentlemen for your support." |
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Voting
Vote | Seats | ||||||
yes |
Total Seats: 474 | ||||||
no | Total Seats: 38 | ||||||
abstain | Total Seats: 0 |
Random fact: Moderation reserves the discretion to declare RP laws invalid if the players supporting them are doing so in an excessively confrontational way. |
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