We are working on a brand new version of the game! If you want to stay informed, read our blog and register for our mailing list.
Bill: Income tax proposal of February 2190
Details
Submitted by[?]: Telamon 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 pass as soon as the required yes votes are in, or will be defeated if unsufficient votes are reached on the deadline.
Voting deadline: October 2190
Description[?]:
The Telamon Social Democratic Party propose to adjust the government's income tax policy to better address the economic situation of the Telamon Commonwealth. Our Budget shows a significant surplus and even more so if our Budget will be passed. To share that money to our citizens we propose lowering the level of income tax. The tax cut is directed to the citizens whose earnings are below the national average to increase consumer demand and remove obstacles to employment. As our nation gets wealthier and wages increase we will have to introduce new tax brackets and therefore we have taken a preparative step in that direction. The new tax bracket only targets the telamonians with the highest incomes. |
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 |
> 2,000 TPD | 4% | 5,028,000,000 TPD |
> 4,500 TPD | 8% | 6,908,000,000 TPD |
> 8,500 TPD | 16% | 4,815,000,000 TPD |
> 12,000 TPD | 22% | 1,767,000,000 TPD |
> 15,000 TPD | 30% | 2,055,000,000 TPD |
> 19,000 TPD | 35% | 391,000,000 TPD | Total | 20,964,000,000 TPD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | ||||
yes |
Total Seats: 148 | ||||
no | Total Seats: 74 | ||||
abstain |
Total Seats: 133 |
Random fact: Don't put "the" as the first word in your party name, because when parties are referred to in news reports, their names are preceded with "the", e.g. the [Socialist Party] has lost. |
Random quote: "'The illusion of Pontesi nationhood'. The Serpent speaks. How can they say these things? How can they call our country an illusion? You can see it clear as day, these people won’t stop until they’ve destroyed us all." - Morgan Einar, former Pontesian general |