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Bill: Income tax proposal of July 2240
Details
Submitted by[?]: Christian Left Party
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: May 2241
Description[?]:
| The Christian Left Party propose to adjust the government's income tax policy to better address the economic situation of the Union of Saridani Socialist Republics. This relieves some of the tax burden from the lower middle class. |
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 |
| > 8,000 SAD | 7% | 7,869,000,000 SAD |
| > 10,000 SAD | 9% | 45,822,000,000 SAD |
| > 20,000 SAD | 10% | 29,355,000,000 SAD |
| > 30,000 SAD | 13% | 21,132,000,000 SAD |
| > 40,000 SAD | 14% | 15,571,000,000 SAD |
| > 50,000 SAD | 15% | 8,004,000,000 SAD |
| > 60,000 SAD | 16% | 4,023,000,000 SAD |
| > 70,000 SAD | 17% | 1,931,000,000 SAD |
| > 80,000 SAD | 18% | 705,000,000 SAD | Total | 134,412,000,000 SAD |
Debate
These messages have been posted to debate on this bill:
| Date | 14:42:38, June 13, 2006 CET | From |  Pro Freedom Party | To | Debating the Income tax proposal of July 2240 |
| Message | > 8,000 SAD 5% 4,339,504,640 SAD > 10,000 SAD 10% 39,404,416,040 SAD > 20,000 SAD 11% 26,016,418,494 SAD > 30,000 SAD 12% 16,053,230,189 SAD > 40,000 SAD 13% 11,780,630,008 SAD > 50,000 SAD 14% 8,716,683,657 SAD > 70,000 SAD 15% 1,438,324,635 SAD > 80,000 SAD 18% 576,795,997 SAD Total 108,326,003,660 SAD Old tax structure |
| Date | 14:43:49, June 13, 2006 CET | From | Pro Freedom Party | To | Debating the Income tax proposal of July 2240 |
| Message | You've RAISED taxes on the lowest level of incomes... I can't support that! |
| Date | 14:51:19, June 13, 2006 CET | From | Anti-Revolutionary Party | To | Debating the Income tax proposal of July 2240 |
| Message | Aye, seems bizarre to decrease one of the lower bands, but raise all of the rest. |
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Voting
| Vote | Seats | |||||
| yes |
Total Seats: 77 | |||||
| no |
Total Seats: 151 | |||||
| abstain |
Total Seats: 522 |
| Random fact: Players using inactive accounts and/or accounts from outside nations may only propose bills and/or contribute to discussions, whether IC (in-character) or OOC (out-of-character) with the general consent of the players in the nation. |
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