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Bill: Income tax proposal of July 2306
Details
Submitted by[?]: Partito Nazionale Fascista
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: September 2307
Description[?]:
| The Partito Nazionale Fascista 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 |
| > 10,000 GAD | 8% | 46,367,000,000 GAD |
| > 20,000 GAD | 15% | 43,469,000,000 GAD |
| > 25,000 GAD | 17% | 49,265,000,000 GAD |
| > 30,000 GAD | 23% | 399,917,000,000 GAD |
| > 60,000 GAD | 29% | 669,334,000,000 GAD |
| > 100,000 GAD | 33% | 1,238,403,000,000 GAD |
| > 200,000 GAD | 50% | 1,338,622,000,000 GAD | Total | 3,785,377,000,000 GAD |
Debate
These messages have been posted to debate on this bill:
| Date | 00:01:06, October 31, 2006 CET | From | Free Movement of Gaduridos | To | Debating the Income tax proposal of July 2306 |
| Message | You want to increase the budget 338,800,000,000 GADs and descrease taxes 74,772,494,620 GADs? Leaving 264,027,505,380 GADs in surpluse We support the tax cuts |
| Date | 19:55:37, October 31, 2006 CET | From | Gaduri Green Socialist Union | To | Debating the Income tax proposal of July 2306 |
| Message | The Blue party doesn't see how any surplus can occur when taxes decrease and the expenditure increases. Either taxes decrease and so does expenditure or taxes are increased to accomodate the expenses. |
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Voting
| Vote | Seats | ||
| yes | Total Seats: 62 | ||
| no | Total Seats: 0 | ||
| abstain | Total Seats: 38 |
| Random fact: Alduria, Rildanor and Lourenne all have Canrilaise (French) cultures. |
| Random quote: "The liberal state is a mask behind which there is no face; it is a scaffolding behind which there is no building." - Benito Mussolini |