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Bill: Income tax proposal of April 2197

Details

Submitted by^[?]: Fight For Your Right To 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: May 2199

Description^[?]:

Thoth, Finance Minister from the Fight For Your Right To Party proposes to adjust the government's income tax policy.

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 PON	10%	109,595,000,000 PON
> 30,000 PON	20%	137,070,000,000 PON
> 60,000 PON	30%	135,595,000,000 PON
> 100,000 PON	40%	62,434,000,000 PON
> 150,000 PON	50%	2,339,000,000 PON
Total		447,033,000,000 PON

Debate

These messages have been posted to debate on this bill:

Date	16:28:16, March 09, 2006 CET
From	Fight For Your Right To Party
To	Debating the Income tax proposal of April 2197
Message	Exactly what it says on the tin. Most change (i.e. higher taxes) enforced at high levels of income. This is proposed to fund the budget outlined in the other proposal the FFYRTP has made this month. - Thoth, Finance Minister

Date	16:41:55, March 09, 2006 CET
From	Pnték Znkak Prta 'Bastardry'
To	Debating the Income tax proposal of April 2197
Message	The Bastards are intrigued.

Date	16:43:04, March 09, 2006 CET
From	Pnték Znkak Prta 'Bastardry'
To	Debating the Income tax proposal of April 2197
Message	However, a look at the budget page (http://80.237.164.51/particracy/main/budget.php?nationid=50) shows how your budget proposal would already be affordable.

Date	17:27:04, March 09, 2006 CET
From	Fight For Your Right To Party
To	Debating the Income tax proposal of April 2197
Message	We do want to keep the Government in profit. However, we have arranged it such that the new spending bill can be passed without requiring the tax bill to be passed.

Date	17:55:59, March 09, 2006 CET
From	One Nation Conservative Party
To	Debating the Income tax proposal of April 2197
Message	40% and 50% tax? That seems a ludicrous amount of taxation, it will not only undermine the people's rights to their own money but stem growth as well. The ONCP will vote against this proposal.

Date	18:17:54, March 09, 2006 CET
From	Fight For Your Right To Party
To	Debating the Income tax proposal of April 2197
Message	Welcome to socialism.

Date	19:02:50, March 09, 2006 CET
From	Georgeonian Centrist Party
To	Debating the Income tax proposal of April 2197
Message	We see no need to change the current system.

Date	20:43:48, March 09, 2006 CET
From	Libertarian Party
To	Debating the Income tax proposal of April 2197
Message	The Libertarian party sees no need to increase the amount of taxes. As to the budget, the Libertarian party will have to review Pontesi's finances.

Date	00:01:54, March 10, 2006 CET
From	Fight For Your Right To Party
To	Debating the Income tax proposal of April 2197
Message	We can still afford the proposed changes to the budget if we do, so that is not a problem. However, the more money the People give us, the more money we can spend on the People and still have some over.

Date	05:30:00, March 10, 2006 CET
From	THEM
To	Debating the Income tax proposal of April 2197
Message	50% is still way too much regardless of what the government does with it. Income tax should never go above 40%.

Date	05:34:17, March 10, 2006 CET
From	Pontesi Fascist Coalition
To	Debating the Income tax proposal of April 2197
Message	I personally prefer the current tax brackets, due to the fact that they are less progressive and generate higher revenues.

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Voting

Vote

Seats

yes

Fight For Your Right To Party (48)

Total Seats: 48

Total Seats: 171

abstain

Pontesi Fascist Coalition (56)
Labour Party (24)

Total Seats: 80

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: "When the tyrant has disposed of foreign enemies by conquest or treaty, and there is nothing to fear from them, then he is always stirring up some war or other in order that the people may require a leader." - Plato

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