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Bill: HoCR - Taxation Review of September 2325
Details
Submitted by[?]: Páirtí Sóisialach
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: November 2328
Description[?]:
L'Honourable Gilles Loiselles, Minister of Finance, puts this proposal forward to better service the working poor of this country. The Honourable minister asks that parties voting in favour of the budget review also vote in favour of this taxation review. The Honourable minister would again like to assert that this comprehensive budget review addresses the needs of the fight against climate change and the needs of the working poor. The Honourable minister asks all parties to vote in favour of this review. |
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 | 2% | 2,098,000,000 TPD |
> 4,000 TPD | 6% | 4,034,000,000 TPD |
> 6,000 TPD | 12% | 4,019,000,000 TPD |
> 8,000 TPD | 18% | 4,130,000,000 TPD |
> 10,000 TPD | 27% | 3,772,000,000 TPD |
> 12,000 TPD | 38% | 2,407,000,000 TPD |
> 14,000 TPD | 52% | 1,787,000,000 TPD |
> 16,000 TPD | 65% | 2,233,000,000 TPD |
> 18,000 TPD | 80% | 2,271,000,000 TPD | Total | 26,751,000,000 TPD |
Debate
These messages have been posted to debate on this bill:
Date | 01:55:12, December 08, 2006 CET | From | Catholic Workers Union | To | Debating the HoCR - Taxation Review of September 2325 |
Message | I don't see what this does other than raise taxes slightly on the middle class and slash our revenue severely. Do you? |
Date | 23:09:20, December 08, 2006 CET | From | Páirtí Sóisialach | To | Debating the HoCR - Taxation Review of September 2325 |
Message | This regimen decreases significantly the tax paid by the poorest in our country. |
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Voting
Vote | Seats | |||||
yes |
Total Seats: 24 | |||||
no |
Total Seats: 163 | |||||
abstain | Total Seats: 114 |
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