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Bill: Capitalist tax proposal to fight poverty of January 4657
Details
Submitted by[?]: Lodamese Movement for Women's Rights
Status[?]: defeated
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: January 4660
Description[?]:
| The Lodamese Movement for Women's Rights propose to adjust the government's income tax policy to better address the economic situation of the 2nd Co-operative Federative Republic of Lodamun. Being wealthy should not be punished but rewarded, overall, it's up to individual how effectively he uses owns wealth. |
Proposals
Article 1
Proposal[?] to change The education system.
Old value:: Education is a matter of local governments.
Current: There is a free public education system and a small number of private schools, which are heavily regulated to ensure they teach adequate skills and information.
Proposed: Education is entirely private and schools run on a for-profit basis.
Article 2
Proposal[?] to change The banking system.
Old value:: The government operates large, national banks, but small community based private banks are allowed.
Current: The government operates a central bank and all other banks are private.
Proposed: All banks are privately owned.
Article 3
Proposal[?] to change Guarantee of minimum income.
Old value:: All adults not supported by another person shall be guaranteed a reasonable, though not high, standard of living by the government.
Current: All adults not supported by another person shall be guaranteed a reasonable, though not high, standard of living by the government.
Proposed: There shall be no direct cash payments to individuals to guarantee a minimum income.
Article 4
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: The state owns the commanding heights of the economy and all major industries, but private ownership is allowed in the minor industries.
Current: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Proposed: The government does not intervene in the market nor provide any form of subsidies/relief to industries.
Article 5
Proposal[?] to change The government's policy on internet service providers (ISPs).
Old value:: There is a national state-owned internet service provider, but small private ISPs are allowed, which are heavily restricted to ensure that they stay small.
Current: Private companies provide internet service throughout the nation, without government interference.
Proposed: Private companies provide internet service throughout the nation, without government interference.
Article 6
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 |
| > 500 LOD | 50% | 14,359,000,000 LOD |
| > 1,000 LOD | 45% | 12,923,000,000 LOD |
| > 1,500 LOD | 40% | 11,487,000,000 LOD |
| > 2,000 LOD | 35% | 9,706,000,000 LOD |
| > 2,500 LOD | 30% | 7,604,000,000 LOD |
| > 3,000 LOD | 25% | 5,726,000,000 LOD |
| > 3,500 LOD | 20% | 3,765,000,000 LOD |
| > 4,000 LOD | 15% | 2,309,000,000 LOD |
| > 4,500 LOD | 10% | 1,130,000,000 LOD |
| > 5,000 LOD | 5% | 2,632,000,000 LOD | Total | 71,641,000,000 LOD |
Debate
These messages have been posted to debate on this bill:
| Date | 05:51:49, October 30, 2019 CET | From | Lodamese Democratic Progressive Party | To | Debating the Capitalist tax proposal to fight poverty of January 4657 |
| Message | Mr. Speaker, This is a dangerous and unacceptable income tax system. The government absolutely should not be punishing the poor at all, let alone in such a harsh way such as this. This would not at all fight poverty; in fact it would force MORE people into poverty, particularly those in the lower income classes. Also, the very concept of the poor being taxed more than the rich is absolutely ridiculous. We will oppose this income tax system and urge the other parties of the Chamber to do the same. Paul Mideen, GPP Leader |
| Date | 10:37:15, October 30, 2019 CET | From | Grand Nationalist Fraction | To | Debating the Capitalist tax proposal to fight poverty of January 4657 |
| Message | Mr. Speaker, such taxation system will lead not only to extreme poverty, it will also destabilize our national economy, or what's left of it, and will deteriorate the situation from within. We cannot accept such propositions. Income tax of sold goods will stall, economy will stall which will lead to a massive inflation or an economic breakdown. Ulrika Gronse LR chairman |
| Date | 13:13:56, November 01, 2019 CET | From | Lodamese Movement for Women's Rights | To | Debating the Capitalist tax proposal to fight poverty of January 4657 |
| Message | Mr. Speaker, We think You have misunderstood the idea behind such taxation system. This system is not punishing the poor, it motivates the poor to be more productive and more valuable to our society. Current taxation system punishes the rich. Jakeem Goldberg Minister of Finance |
| Date | 10:31:44, November 03, 2019 CET | From | Grand Nationalist Fraction | To | Debating the Capitalist tax proposal to fight poverty of January 4657 |
| Message | Mr. Speaker, we understand the idea of Mr. Goldberg, and the idea is not that bad at all. But under current legislation, it would be impossible for the poorer part of our civilians to work themselves up. The proposed system might work if there would be sufficient support from the government. Lukas Thommes LR deputy |
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Voting
| Vote | Seats | ||||
| yes | Total Seats: 197 | ||||
| no |
Total Seats: 271 | ||||
| abstain | Total Seats: 281 |
| Random fact: Particracy does not allow official national flags of real-life nations or flags which are very prominent and recognisable (eg. the flags of the European Union, the United Nations, Nazi Germany, the Soviet Union or the Confederate States of America). |
| Random quote: "Soldiers are not the enemies of the movement. They're potential allies. They're more than that. Soldiers are the only people in America who are paying a stiff price for this war. Everybody else profits. Soldiers are the ones losing their lives, losing friends, having their lives disrupted. The real victims of American imperialism are its soldiers." - Fred Gardner |