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Bill: Income tax proposal of March 2199
Details
Submitted by[?]: Telamon Social Democratic Party
Status[?]: passed
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 2199
Description[?]:
| The Telamon Social Democratic Party propose to adjust the government's income tax policy to better address the economic situation of the Telamon Commonwealth. Our current government spending is barely enough for a country with no public services. We should raise public spending relative to GDP. |
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 |
| > 2,000 TPD | 8% | 10,085,000,000 TPD |
| > 4,500 TPD | 11% | 8,782,000,000 TPD |
| > 8,000 TPD | 21% | 7,763,000,000 TPD |
| > 12,000 TPD | 29% | 2,337,000,000 TPD |
| > 15,000 TPD | 39% | 3,120,000,000 TPD | Total | 32,087,000,000 TPD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||||
| yes | Total Seats: 179 | ||||
| no | Total Seats: 90 | ||||
| abstain |
Total Seats: 86 |
| Random fact: "Game mechanics comes first." For example, if a currently-enforced bill sets out one law, then a player cannot claim the government has set out a contradictory law. |
| Random quote: "Politics have no relation to morals." - Niccolo Machiavelli |