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Bill: Income tax proposal of August 2341
Details
Submitted by[?]: Saints Alliance
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: October 2342
Description[?]:
| The Saints Alliance propose to adjust the government's income tax policy to better address the economic situation of the Republic of Gishoto. |
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 HCR | 12% | 157,374,000,000 HCR |
| > 25,000 HCR | 43% | 389,166,000,000 HCR |
| > 65,000 HCR | 49% | 117,319,000,000 HCR |
| > 100,000 HCR | 60% | 77,615,000,000 HCR | Total | 741,474,000,000 HCR |
Debate
These messages have been posted to debate on this bill:
| Date | 17:39:43, January 08, 2007 CET | From |  Saints Alliance | To | Debating the Income tax proposal of August 2341 |
| Message | This bill gives a huge tax break to the poor and will really help to iron out the huge disparity of wealth in our great nation. If you are earning more than 100000GHI then you can afford to pay a little more. |
| Date | 18:09:14, January 08, 2007 CET | From | Gao-Showa Imperial Party | To | Debating the Income tax proposal of August 2341 |
| Message | We disgaree with the excessive taxation on the wealthy this will create which will be harmful. As the budget surplus grows we could use that surplus to cut taxes alround but we will not support this proposal |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 436 | ||||
| no | Total Seats: 314 | ||||
| abstain | Total Seats: 0 |
| Random fact: It is possible for a player to transfer ownership of a character or a royal house to another player. This should be done in a public way, such as on the Character Transfers thread, so that if a dispute arises in the future, Moderation can be pointed towards evidence of the transfer. |
| Random quote: "Politics: a strife of interests masquerading as a contest of principles. The conduct of public affairs for private advantage." - Ambrose Bierce |