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Bill: Income Tax Proposal of June 2210

Details

Submitted by^[?]: Centre D�mocratique

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: December 2211

Description^[?]:

The Citizens Party proposes to adjust the government's income tax policy to better address the economic situation of the Free Republic of Jelbania.

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
> 1,000 JEL	1%	573,000,000 JEL
> 2,000 JEL	6%	10,306,000,000 JEL
> 5,000 JEL	12%	34,354,000,000 JEL
> 10,000 JEL	18%	51,531,000,000 JEL
> 15,000 JEL	25%	143,143,000,000 JEL
> 25,000 JEL	32%	435,198,000,000 JEL
> 70,000 JEL	40%	157,354,000,000 JEL
> 100,000 JEL	50%	154,700,000,000 JEL
> 150,000 JEL	55%	37,125,000,000 JEL
Total		1,024,284,000,000 JEL

Debate

These messages have been posted to debate on this bill:

Date	02:23:45, April 05, 2006 CET
From	Centre D�mocratique
To	Debating the Income Tax Proposal of June 2210
Message	What we have done is lower the income by 1% on all brackets up to >15,000 and the >70,000 bracket. We reduced the >25,000 by 2% (This provides a more generous tax break to our large middle class). We keep the >100,000 the same and create a new bracket for incomes above $150,000.

Date	04:32:52, April 05, 2006 CET
From	Free Conservative Party
To	Debating the Income Tax Proposal of June 2210
Message	What "economic situation?"

Date	04:35:12, April 05, 2006 CET
From	Free Conservative Party
To	Debating the Income Tax Proposal of June 2210
Message	I do not support.

Date	04:35:28, April 05, 2006 CET
From	Centrist Democratic Party
To	Debating the Income Tax Proposal of June 2210
Message	We've run through the figures, considering how much each level would be giving away as well as how much they would be keeping. It seems to be a reasonable amount.

Date	08:36:31, April 05, 2006 CET
From	Centrist Democratic Party
To	Debating the Income Tax Proposal of June 2210
Message	On another note, we are curious - is it necessary to reform the taxation percentage? Does our budget really require it that badly? I'm interested if we're in danger of losing our surplus.

Date	12:05:33, April 05, 2006 CET
From	Jelbék Zemojad Lofrkad Prta
To	Debating the Income Tax Proposal of June 2210
Message	The DLP suggests the >70,000 bracket remain at 41%, and the >100,000 bracket be increased to 51%. Otherwise, the DLP is in support.

Date	19:54:08, April 05, 2006 CET
From	Free Conservative Party
To	Debating the Income Tax Proposal of June 2210
Message	Here we go with the bias against the rich again.

Date	18:03:58, April 06, 2006 CET
From	Centre D�mocratique
To	Debating the Income Tax Proposal of June 2210
Message	We will still have a surplus with the current budget. Why do the Conservatives not support this? I have reduced taxes on an overwhelming majority of Jelbanians.

Date	18:04:24, April 06, 2006 CET
From	Centre D�mocratique
To	Debating the Income Tax Proposal of June 2210
Message	We are going ahead with a vote.

Date	06:15:49, April 07, 2006 CET
From	Centrist Democratic Party
To	Debating the Income Tax Proposal of June 2210
Message	If it's not entirely necessary, it seems unnecessary to change the bill then.

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Voting

Vote

Seats

yes

Centre D�mocratique (129)

Total Seats: 129

Free Conservative Party (218)
Centrist Democratic Party (0)

Total Seats: 218

abstain

Socialists Fury (148)
Jelbék Zemojad Lofrkad Prta (6)
Conservative People's Party of Jelbania (0)

Total Seats: 154

Random fact: If there are no parties in your nation with seats, feel free to visit the forum and request an early election on the Early Election Requests thread: http://forum.particracy.net/viewtopic.php?f=11&t=4362

Random quote: "I could stand in the middle of Fifth Avenue and shoot somebody, and I wouldn't lose any voters, okay? It's, like, incredible." - Donald Trump

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