We are working on a brand new version of the game! If you want to stay informed, read our blog and register for our mailing list.
Bill: Income tax proposal of July 4426
Details
Submitted by[?]: Saridan Democratic Union
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: May 4427
Description[?]:
| The Saridan Democratic Union propose to adjust the government's income tax policy to better address the economic situation of the Republiek van Seridjan (Republic of Saridan). Removing direct taxation for the poorest (0-9999 income) decreasing up to 17000 in income, balancing by increasing for the rest in a progressive manner. Removing taxation on essential Goods, countering that by increasing the taxation of corporations The taxation may be reallocated with a budget bill/ will be changed if the current budget looses its surplus |
Proposals
Article 1
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 6
Current: 0
Proposed: 0
Article 2
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 15
Current: 40
Proposed: 40
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 |
| > 10,000 SAD | 5% | 18,529,000,000 SAD |
| > 17,000 SAD | 10% | 30,984,000,000 SAD |
| > 25,000 SAD | 20% | 42,357,000,000 SAD |
| > 35,000 SAD | 25% | 18,008,000,000 SAD |
| > 40,000 SAD | 32% | 35,544,000,000 SAD |
| > 50,000 SAD | 35% | 11,398,000,000 SAD |
| > 55,000 SAD | 37% | 22,636,000,000 SAD | Total | 179,456,000,000 SAD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes |
Total Seats: 155 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
| Random fact: Players who consent to a particular role-play by acknowledging it in their own role-play cannot then disown it or withdraw their consent from it. For example, if player A role-plays the assassination of player B's character, and player B then acknowledges the assassination in a news post, but then backtracks and insists the assassination did not happen, then he will be required under the rules to accept the validity of the assassination role-play. |
| Random quote: "Whatever crushes individuality is despotism, by whatever name it may be called and whether it professes to be enforcing the will of God or the injunctions of men." - John Stuart Mill |