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Bill: Income tax proposal of November 2262
Details
Submitted by[?]: Páirtí Sóisialach
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: July 2263
Description[?]:
| The Conservative and Unionist Party propose to adjust the government's income tax policy to better address the economic situation of the Telamon Commonwealth. |
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 |
| > 2,000 TPD | 3% | 1,685,000,000 TPD |
| > 3,000 TPD | 5% | 2,429,000,000 TPD |
| > 4,000 TPD | 4% | 1,566,000,000 TPD |
| > 5,000 TPD | 6% | 1,680,000,000 TPD |
| > 6,000 TPD | 9% | 1,670,000,000 TPD |
| > 7,000 TPD | 11% | 1,640,000,000 TPD |
| > 8,000 TPD | 13% | 1,635,000,000 TPD |
| > 9,000 TPD | 15% | 1,552,000,000 TPD |
| > 10,000 TPD | 19% | 1,515,000,000 TPD |
| > 11,000 TPD | 20% | 1,197,000,000 TPD |
| > 12,000 TPD | 21% | 849,000,000 TPD |
| > 13,000 TPD | 23% | 525,000,000 TPD |
| > 14,000 TPD | 24% | 412,000,000 TPD |
| > 15,000 TPD | 25% | 429,000,000 TPD |
| > 16,000 TPD | 27% | 463,000,000 TPD |
| > 17,000 TPD | 31% | 532,000,000 TPD |
| > 18,000 TPD | 39% | 669,000,000 TPD |
| > 19,000 TPD | 45% | 504,000,000 TPD |
| > 20,000 TPD | 85% | 0 TPD | Total | 20,952,000,000 TPD |
Debate
These messages have been posted to debate on this bill:
| Date | 23:00:23, July 31, 2006 CET | From | Progressive Democratic Party | To | Debating the Income tax proposal of November 2262 |
| Message | Wow, that's going to be hard to administer. Simplicity is a virtue, you know! |
| Date | 04:05:11, August 01, 2006 CET | From | Catholic Workers Union | To | Debating the Income tax proposal of November 2262 |
| Message | This is good economics. A strongly graduated income tax benefits all, but that's only if you spend the money you take in. The surplus is a shame. |
| Date | 15:36:41, August 01, 2006 CET | From | Páirtí Sóisialach | To | Debating the Income tax proposal of November 2262 |
| Message | It's not all that big, and when you factor in inflation and unexpected expenditures, it will probably be just right. |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 601 | ||||
| no | Total Seats: 0 | ||||
| abstain | Total Seats: 0 |
| Random fact: Players should not role-play characters without the consent of the owner, and if they find they have role-played the character beyond what the owner intended, they should withdraw or amend the role-play appropriately. |
| Random quote: "The trouble with practical jokes is that very often they get elected." - Will Rogers |