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Bill: Government's 3 year plan for Economic Growth
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: September 4563
Description[?]:
| This proposal is two pronged and will provide a skyrocket to the economy. If passed the massive budget surplus will ensure that no debt is incurred for three years. To be clear, this is a three year plan at the end of three years in the year 4566 a referendum will be had to incorporate a 6% National General Sales Tax. If the referendum fails then the 18% Income Tax will be reinstated. This vote is to instate a 0% Income Tax and placing the 6% Sales Tax on the next General Election which is currently set for April 4566 Archibald Salvo II Minister of Finance |
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 |
| > 15,000,000 GAD | 1% | 0 GAD | Total | 0 GAD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||
| yes | Total Seats: 112 | ||
| no | Total Seats: 122 | ||
| abstain | Total Seats: 16 |
| Random fact: In general, role-play requires the consent of all players. |
| Random quote: "It's not enough that we do our best; sometimes we have to do what's required." - Winston Churchill |