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Bill: Flat Tax Implementation and Relief for the Working Class Act.
Details
Submitted by[?]: One Nation
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: October 4326
Description[?]:
| People of Saridan, One Nation has promise to deliver a flat tax for a long time, to assist working class families and encourage people to work harder. That promise will be kept and I am proud to announce that the Flat Tax Implementation And Releif for the Working Class Act. will give us the largest income tax cut in Saridanese history and will also become our first step to booting communistic principles out of Saridan. This tax plan will put more money into people's pockets and is essentially a tax cut for our citizens. We are generating more money than we would with the current system and we all have more money in our pockets. This will allow people to put their money away and save it for investments, such stocks and bonds or opening a small business which will encourage economic growth. Under a flat tax, everyone is treated the same and everyone pays the same rate. It allows the rich to have more money in their pockets which can then be used to invest in their businesses, creating job opportunities and it encourages the poor to get jobs, work harder and to earn more so that they can pay taxes and have more money in their pockets leftover. We are Taking Care of Business and looking after the Working Class of Saridan with our proposals which benefit all Saridanis. Once this bill is passed, I will then introduce our budget for 4326 to 4328. Camden Brady Finance Secretary |
Proposals
Article 1
Proposal[?] to change Sales tax on luxury goods.
Old value:: 20
Current: 21
Proposed: 10
Article 2
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: The state owns the commanding heights of the economy and all major industries, but private ownership is allowed in the minor industries.
Current: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Proposed: The government does not intervene in the market nor provide any form of subsidies/relief to industries.
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 |
| > 1 SAD | 12% | 207,873,000,000 SAD | Total | 207,873,000,000 SAD |
Debate
These messages have been posted to debate on this bill:
| Date | 09:49:00, December 31, 2017 CET | From |  One Nation | To | Debating the Flat Tax Implementation and Relief for the Working Class Act. |
| Message | OOC: The title of Camden Brady is Treasurer but Finance Secretary means the same. |
| Date | 11:32:36, December 31, 2017 CET | From | Die Liberale Unie | To | Debating the Flat Tax Implementation and Relief for the Working Class Act. |
| Message | The DLU does not see anything wrong with this, aye |
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Voting
| Vote | Seats | ||
| yes |
Total Seats: 355 | ||
| no | Total Seats: 0 | ||
| abstain | Total Seats: 0 |
| Random fact: In your Message Centre there is a really useful feature which allows you to subscribe to all of the bill debates in your nation. If you use that, then the "Watched Discussions" section will show you every time a new message has been posted on a bill. You can also subscribe to other pages you want to follow, such as your nation message-board, party organisations or bills outside your nation which you are interested in. |
| Random quote: "Law is mind without reason." - Aristotle |