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Bill: Income tax proposal of May 4367
Details
Submitted by[?]: Conservative Renew
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: January 4368
Description[?]:
The Social Conservative Party propose to adjust the government's income tax policy to better address the economic situation of the Federal Union of Gaduridos. |
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 |
> 25,000 GAD | 5% | 72,509,000,000 GAD |
> 50,000 GAD | 10% | 289,003,000,000 GAD |
> 100,000 GAD | 15% | 965,291,000,000 GAD | Total | 1,326,803,000,000 GAD |
Debate
These messages have been posted to debate on this bill:
Date | 22:47:32, March 23, 2018 CET | From | Conservative Renew | To | Debating the Income tax proposal of May 4367 |
Message | This is a much simpler system that is more standardized and reasonable. This will give a tax cut to many of the most valuable and struggling citizens in the nation. It will also balance the budget which has been in a deficit as of recent times. We see this as a compromise considering the government is in chaos due to lack of Prime Minister. We hope the National Workers Party and the Progressive Conservatives will come together to stop this deficit and prevent further debit. We are confident that bipartisanship endure and this crisis will be averted. We also want to assure the people upon passage our party will work tirelessly to reduce taxes and cut the size of government. Carlos DeFrantaine Parliamentary Leader of the SCP |
Date | 03:07:55, March 24, 2018 CET | From | Progressive Conservative Party | To | Debating the Income tax proposal of May 4367 |
Message | PCP stands by the current tax brackets. We are currently running a surplus of 668,578,050 GAD which means the budget is nearly perfectly balanced. The proposal suggested by SCP will cut taxes for the poor, but it will raise taxes on most middle income and high income earners. We do not support such tax hikes when there is no budget deficit to warrant it. Juan Pablo Cabal PCP Parliamentary Spokesperson |
Date | 07:19:43, March 24, 2018 CET | From | Conservative Renew | To | Debating the Income tax proposal of May 4367 |
Message | We would like to point out to the PCP that our current revenue is 1,568,359,919,676 and our expenses are currently 1,570,050,000,000 which has left us with a Defict of 1,690,080,324. We encourage all MP to examine the national budget. Jacob Waters SCP Shadow Finance Minister |
Date | 00:55:50, March 25, 2018 CET | From | Progressive Conservative Party | To | Debating the Income tax proposal of May 4367 |
Message | OOC: The Budget page is still showing a surplus when I look at it on my computer. |
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Voting
Vote | Seats | |||||
yes | Total Seats: 43 | |||||
no | Total Seats: 100 | |||||
abstain |
Total Seats: 157 |
Random fact: Cultural Protocol bills must provide a real-life equivalent or short description for the ethnic groups, languages and religions contained in them, such that it would be easy for an unfamiliar player to understand (e.g. "Dundorfian = German"). Where appropriate, they should also provide guidance to players on where to find help with translations and character names. This might include, for example, links to Google Translate, Behind the Name's Random Name Generator and Fantasy Name Generators. |
Random quote: "If a white man falls off a chair drunk, it's just a drunk. If a Negro does, it's the whole damn Negro race." - Bill Cosby |