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Bill: Fair Tax Proposal
Details
Submitted by[?]: Free Movement of Gaduridos
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 2301
Description[?]:
The Free Movement of Gaduridos propose to adjust the government's income tax policy to better address the economic situation of the Democratic Republic of Gaduridos. |
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 |
> 15,000 GAD | 30% | 261,095,000,000 GAD |
> 30,000 GAD | 30% | 522,190,000,000 GAD |
> 60,000 GAD | 30% | 1,003,726,000,000 GAD |
> 120,000 GAD | 30% | 816,095,000,000 GAD |
> 200,000 GAD | 30% | 803,913,000,000 GAD | Total | 3,407,019,000,000 GAD |
Debate
These messages have been posted to debate on this bill:
Date | 01:18:58, October 19, 2006 CET | From | Free Movement of Gaduridos | To | Debating the Fair Tax Proposal |
Message | this bill is not only fair to everyone, but it will increase revenue: 302,134,000,000 GADs |
Date | 10:05:52, October 19, 2006 CET | From | Traxian Imperial Party | To | Debating the Fair Tax Proposal |
Message | The bill shouldn't be fair to everyone those who earn more should give more back as they can afford to. |
Date | 12:52:07, October 19, 2006 CET | From | International Freedom Party | To | Debating the Fair Tax Proposal |
Message | Whilst almost being swayed by the Traxian Party argument, we again reaffirm that in the new spirit of national unity we will support this proposal. |
Date | 15:40:04, October 19, 2006 CET | From | Traxian Imperial Party | To | Debating the Fair Tax Proposal |
Message | But national unity should not blind us to making decisions that would harm the nation, yes we need to be united but when needed we should also be opposition, not radical as in recent times but to some extent, |
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Voting
Vote | Seats | ||
yes | Total Seats: 56 | ||
no | Total Seats: 14 | ||
abstain | Total Seats: 30 |
Random fact: Particracy has been running since 2005. Dorvik was Particracy's first nation, the Dorvik Social Democrats the first party and the International Greens the first Party Organisation. |
Random quote: "Entrepreneurs are simply those who understand that there is little difference between obstacle and opportunity and are able to turn both to their advantage." - Niccolo Machiavelli |