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Bill: Pay as you Go Tax Act
Details
Submitted by[?]: Progressive Conservatives
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: January 2329
Description[?]:
| Whenever there are tax cuts, there must be spending cuts. |
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 |
| > 1,000 END | 3% | 7,016,000,000 END |
| > 5,000 END | 10% | 21,103,000,000 END |
| > 10,000 END | 21% | 18,235,000,000 END |
| > 15,000 END | 25% | 12,675,000,000 END |
| > 20,000 END | 33% | 8,390,000,000 END |
| > 25,000 END | 41% | 6,634,000,000 END |
| > 30,000 END | 45% | 3,955,000,000 END | Total | 78,008,000,000 END |
Debate
These messages have been posted to debate on this bill:
| Date | 18:33:04, December 13, 2006 CET | From |  Orange Party | To | Debating the Pay as you Go Tax Act |
| Message | We no longer need tax cuts. They are already INCREDIBLY low. |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 243 | |||
| no |
Total Seats: 257 | |||
| abstain | Total Seats: 0 |
| Random fact: In general, role-play requires the consent of all players. |
| Random quote: "An economist is a surgeon with an excellent scalpel and a rough-edged lancet, who operates beautifully on the dead and tortures the living." - Nicholas Chamfort |