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Bill: Income tax proposal of February 4311
Details
Submitted by[?]: National 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: November 4311
Description[?]:
| The National Democratic Party propose to adjust the government's income tax policy to better address the economic situation of the Republic Of Telamonia. |
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 |
| > 10,000 TPD | 5% | 1,502,000,000 TPD |
| > 30,000 TPD | 15% | 0 TPD |
| > 40,000 TPD | 20% | 0 TPD |
| > 70,000 TPD | 30% | 0 TPD |
| > 100,000 TPD | 40% | 0 TPD | Total | 1,502,000,000 TPD |
Debate
These messages have been posted to debate on this bill:
| Date | 18:25:04, December 01, 2017 CET | From | Workers' Party | To | Debating the Income tax proposal of February 4311 |
| Message | This is taxing everyone at the same rate. What is this outrageous proposal? Who thought of this? |
| Date | 18:27:10, December 01, 2017 CET | From | National Democratic Party | To | Debating the Income tax proposal of February 4311 |
| Message | OOC: Right now everyone is taxed 2%, regardless of income. Telamonia's economy is broken - nobody earns above £20,000. I'm going to submit an edited version soon. |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 336 | ||||
| no |
Total Seats: 208 | ||||
| abstain |
Total Seats: 206 |
| Random fact: Make sure to check out Particracy's wiki. http://particracy.wikia.com/wiki/Main_Page |
| Random quote: "Those who say religion has nothing to do with politics do not know what religion is." - Mahatma Gandhi |