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Bill: Income tax proposal of December 2190
Details
Submitted by[?]: Tirgith Populus 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: August 2191
Description[?]:
| The Trigunia Capitalist Party propose to adjust the government's income tax policy to better address the economic situation of the Republic of Trigunia. |
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 TRA | 5% | 2,005,000,000 TRA |
| > 1,700 TRA | 18% | 26,696,000,000 TRA |
| > 5,000 TRA | 25% | 11,897,000,000 TRA |
| > 7,500 TRA | 40% | 20,820,000,000 TRA | Total | 61,418,000,000 TRA |
Debate
These messages have been posted to debate on this bill:
| Date | 00:12:52, February 25, 2006 CET | From |  Tirgith Populus Party | To | Debating the Income tax proposal of December 2190 |
| Message | This will reduce the burden on the less foutunate citizens and allow for more government spending in defense and education. |
| Date | 22:15:55, February 25, 2006 CET | From | Liberty Party | To | Debating the Income tax proposal of December 2190 |
| Message | No, this INCREASES the burden on the least fortunate citizens (people surviving on less than TRA1590 will pay more tax than under the current system). It also means that anyone living on between TRA1,000 and TRA1,430 who currently does not pay any tax would have to start paying tax. Either these people are extremely poor, in which case why should we tax them, or they are not poor, in which case why are you pretending to worry about the 'less fortunate citizens'? What you meant to say was that this decreases the burden on the middle class, although even for them, their maximum gain under your tax proposal is is about TRA49/year (for someone earning TRA5,000), whereas someone earning TRA1,430/year would be paying an extra TRA22/year. Put another way, the people who can least afford the tax are having their taxes raised to subsidise people who can better afford the tax. Add to the fact, that there is no way we need an overall tax increase AT ALL when we are sitting on a TRA2bn/year surplus and are spending obscene amounts of money on things that the government really has no business in at all, like trade and industry (i.e., subsidies and support for special interests), environment and tourism, food and agriculture and science and technology. On top of that, do we REALLY need to be spending TRA5.5bn on justice every year? That's 78% of what we currently spend on defence. What are we arming our coppers with that we need to spend 78% of what we spend on our tanks and battleships and fighter planes on policemen? Similarly finance is getting TRA4bn every year. Where is that money going? |
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Voting
| Vote | Seats | |||
| yes |
Total Seats: 213 | |||
| no |
Total Seats: 238 | |||
| abstain | Total Seats: 104 |
| Random fact: Any RP law granting extraordinary "emergency powers" or dictator-like powers to a government must be passed by at least a 2/3rds majority, but (like all RP laws) may always be overturned by a simple majority vote of the legislature. |
| Random quote: "Aristocracy and exclusiveness tend to final overthrow, in language as in politics." - W. D. Whitney |