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Bill: Manifesto Bill 4772 (1)
Details
Submitted by[?]: Alliance 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: June 4773
Description[?]:
This Bill is introduced specifically because there will only be two parties fighting the imminent election. This means that the Alliance Party cannot realistically be accused of taking advantage of its current majority, however gained. Because either: a. The Alliance will win the next election - in which case the policies included in this bill would be enacted immediately anyhow. b. The Alliance will lose the next election - in which case the Alliance will have no complaints if the new government decides to overturn these policies, which again it would be able to do immediately upon being elected with insufficient opposition to prevent it. This Bill is therefore a manifesto of intent. It persuades the people of the Alliance's policies - which are to allow each citizen to decide how best to spend their money rather than government doing so. This Bill is the Alliance's advanced gift to the nation in anticipation of their support for this policy. There are three strands to this manifesto: 1. This reduction in levels of income tax. This is at the heart of the proposal. 2. A corresponding trimming of the expenditure bill - proposed in the Manifesto Bill 4772 (2). As our economy flourishes (as this proposal expects it to) then less needs to be spent across the board as society is functioning better and citizens have more to spend and are more prepared to spend it on things which the government would otherwise have to foot the bill for - such as private health care or private schools which reduce the need for government spending. 3. Once the two measures are in place and the economy thrives even more than it currently does, the Alliance intends to reduce Luxury Goods tax and/or Corporation tax to whatever levels are sustainable when we see the surplus which the above create. |
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 |
> 30,000 MRD | 5% | 42,308,000,000 MRD |
> 50,000 MRD | 10% | 54,103,000,000 MRD |
> 70,000 MRD | 15% | 48,729,000,000 MRD |
> 90,000 MRD | 20% | 57,346,000,000 MRD |
> 120,000 MRD | 25% | 34,822,000,000 MRD |
> 150,000 MRD | 30% | 11,544,000,000 MRD | Total | 248,852,000,000 MRD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |
yes |
Total Seats: 85 | |
no | Total Seats: 0 | |
abstain | Total Seats: 0 |
Random fact: If your "Bills under debate" section is cluttered up with old bills created by inactive parties, report them for deletion on the Bill Clearouts Requests thread: http://forum.particracy.net/viewtopic.php?f=11&t=4363 |
Random quote: "The one bonus of not lifting the ban on gays in the military is that the next time the government mandates a draft we can all declare homosexuality instead of running off to Canada." - Lorne Bloch |