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Bill: Income tax proposal of June 4314
Details
Submitted by[?]: Green 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: March 4315
Description[?]:
The Green 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 TPD | 5% | 255,000,000 TPD |
> 100 TPD | 10% | 2,265,000,000 TPD |
> 500 TPD | 20% | 45,796,000,000 TPD |
> 5,000 TPD | 30% | 31,906,000,000 TPD |
> 15,000 TPD | 40% | 3,182,000,000 TPD | Total | 83,404,000,000 TPD |
Debate
These messages have been posted to debate on this bill:
Date | 04:08:39, December 08, 2017 CET | From | Green Party | To | Debating the Income tax proposal of June 4314 |
Message | Green Party works on this bill for two weeks, and we have had a lot of debate on its form before we could agree on this form. What we do is that we raise taxes on our people, and in return, we will raise the budget for Education and Healthcare and Science and so. Therefore we would offer the best services to our people. |
Date | 04:19:05, December 08, 2017 CET | From | Green Party | To | Debating the Income tax proposal of June 4314 |
Message | here is the other bill http://classic.particracy.net/viewbill.php?billid=548464 |
Date | 20:13:36, December 08, 2017 CET | From | Telamon Social Democrats | To | Debating the Income tax proposal of June 4314 |
Message | The taxation bill will not compensate the costs of your proposed budget plan. |
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Voting
Vote | Seats | |||||
yes |
Total Seats: 83 | |||||
no | Total Seats: 164 | |||||
abstain |
Total Seats: 253 |
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: "I don't believe you need to be bitch to succeed in business" - Lucinda Redwood, former Luthorian-Dorvish businesswoman |