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by The Nihilistic view » Fri Feb 27, 2015 11:53 pm
by Ainin » Sat Feb 28, 2015 12:05 am
Ikania wrote:
Now that we have decided on a flag, I'd like to bring this to the attention of the Senators. I wrote an earlier draft and got two sponsors, anyone want to help out? As well, I'd be pleased to hear criticism and things to add to the act. As well, I'm aware that this was penned by Simon Almagro, but since he has died, let's just say that Javier Escuella is carrying on his legacy and editing it to make the act better.
by Collatis » Sat Feb 28, 2015 6:47 am
Lykens wrote:Oh for f
s sake, I thought you took out the last part, please remove my name as a sponsor.
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by The Sarian » Sat Feb 28, 2015 9:26 am
by Ikania » Sat Feb 28, 2015 9:27 am
Ainin wrote:Ikania wrote:
Now that we have decided on a flag, I'd like to bring this to the attention of the Senators. I wrote an earlier draft and got two sponsors, anyone want to help out? As well, I'd be pleased to hear criticism and things to add to the act. As well, I'm aware that this was penned by Simon Almagro, but since he has died, let's just say that Javier Escuella is carrying on his legacy and editing it to make the act better.
We are not a federation, there's no federal government.
by Western Borderlands » Sat Feb 28, 2015 9:42 am
The Sarian wrote:Thoughts and sponsors?
For full transparency, this is copied almost entirely from the similarly named Early Day Motion presented by Philip Hollobone in the British Parliament.
by Bleckonia » Sat Feb 28, 2015 9:44 am
The Sarian wrote:Thoughts and sponsors?
For full transparency, this is copied almost entirely from the similarly named Early Day Motion presented by Philip Hollobone in the British Parliament.
by Heraklea- » Sat Feb 28, 2015 9:54 am
The Sarian wrote:Thoughts and sponsors?
For full transparency, this is copied almost entirely from the similarly named Early Day Motion presented by Philip Hollobone in the British Parliament.
by Bleckonia » Sat Feb 28, 2015 10:20 am
The Simple and Reasonable Primary Revenue Act
Author: Sen. Franz Haas (Bleckonia | FCP), certain text borrowed from Sen. Sebastián Luc Morales (Atlanticatia | DemLeft)
An act to raise revenues.
Definitions
- Taxable income - income from employment, wages, salaries, commissions, self-employment earnings, trusts, rents, dividends, interest, annuities, and royalties.
- Capital gains - Profit from the disposition, sale, and/or trading of a capital asset; this is not considered 'taxable income'
§ 1 - Personal Income Taxa) The personal income tax shall be levied on all 'taxable income' of households at the following marginal rates:Households with total taxable income between $0 and the poverty line per annum shall be eligible for a transfer payment equal to one-half the difference between the amount taxable income and the poverty line.
b) Individuals will be considered 'tax-resident' if they are resident in Calaverde for at least 183 days per year, and will then be subject to pay Personal Income Tax on their worldwide taxable income. If they are not 'tax-resident', they will only be liable for Personal Income Tax on domestically sourced taxable income.
Taxable income between the poverty line and $60,000 per annum shall be taxed at: 10%
All taxable income above $60,000 per annum shall be taxed at: 20%
All households shall be eligible for a tax reduction equal to $1000 multiplied by the number of individuals in the household less one.
The final tax rate is thus represented by the formula T = (Y - poverty line) * 0.1 - 1000 * (N - 1), when Y (the household's total income) is between the poverty line and $60,000.
T = (Y - poverty line) * 0.1 + (Y - 60000) * 0.2 - 1000 * (N - 1), when Y (the household's total income) is greater than $60,000.
T = -[(poverty line - Y) / 2] - 1000 * (N - 1), when Y (the household's total income) is below the poverty line.
Note: T = amount of tax owed, Y = total household income, N = number of individuals in the household.
c) Individuals who are tax-residents of Calaverde and earn foreign-sourced taxable income shall be entitled to claim a 'foreign tax credit' for 100% of the corresponding income tax they have paid in the foreign country, which can reduce their Calaverdean tax liability. If their foreign income tax liability is greater than or equal to their Calaverdean income tax liability, they will owe no Calaverdean income tax. If their foreign income tax liability is less than their Calaverdean income tax liability, they will still be liable to pay Calaverdean income tax on the difference.§ 2 - Universal Social Contributiona) The Universal Social Contribution shall be levied on domestically sourced gross earnings from wages, salaries, commissions, and self-employment at the following rates:0.7% shall be levied on the gross earnings of employees.
b) Any individual is eligible to opt out of the Universal Social Contribution and not receive social security benefits; employers, however, are required to offer all employees the option of contributing to Universal Social Contribution and may not incentivize opting out.
0.7% shall be paid by the employer on the employee's gross earnings.
1.4% shall be levied on an individual's income from self-employment.
c) If an individual opts out of the Universal Social Contribution, neither the employee nor the employer shall be required to pay the Universal Social Contribution.§ 3 - Corporate Taxa) Corporate tax shall be levied on all worldwide corporate profits, at the following marginal rates:Corporate profits shall be taxed at a rate of 10%
b) Corporations shall be entitled to receive a 'foreign tax credit' for corporate taxes paid in a foreign country. If the tax they paid in a foreign country is greater than or equal to their assessment for Calaverdean corporate tax liability, they will not owe any Calaverdean corporate tax. If the corporate tax they paid in a foreign country is lesser than their assessment for Calaverdean corporate tax liability, they will be liable to pay the difference.
c) Only domestically headquartered corporations will pay corporate tax on their worldwide profits. Foreign corporations will pay tax on domestic profits only.§ 4 - Taxes and Dutiesa.) The 'fuel excise tax' shall be levied on all motor vehicle gasoline at a rate of $0.20 per litre, or $0.76 per US gallon.§ 5 - Capital Gains Taxa) The Capital Gains tax shall be levied on all capital gains of individuals at a marginal rate of 5%.
b) Individuals will be considered 'tax-resident' if they are resident in Calaverde for at least 183 days per year, and will then be subject to pay Unearned Income Tax on their worldwide taxable income. If they are not 'tax-resident', they will only be liable for Unearned Income Tax on domestically sourced taxable income.
c) Individuals who are tax-residents of Calaverde and earn foreign-sourced taxable income shall be entitled to claim a 'foreign tax credit' for 100% of the corresponding tax they have paid in the foreign country, which can reduce their Calaverdean tax liability. If their foreign tax liability is greater than or equal to their Calaverdean tax liability, they will owe no Calaverdean tax. If their foreign tax liability is less than their Calaverdean tax liability, they will still be liable to pay Calaverdean tax.§ 6 - Miscellaneousa) Taxes shall be collected, and credits distributed, via the provisions of the State Revenue Administration Act.
b) All $ figures are in USD.
by Ainin » Sat Feb 28, 2015 10:21 am
The Sarian wrote:Thoughts and sponsors?
For full transparency, this is copied almost entirely from the similarly named Early Day Motion presented by Philip Hollobone in the British Parliament.
by Atlanticatia » Sat Feb 28, 2015 11:24 am
Bleckonia wrote:
Sponsors? There is already a far-left revenues bill in the Speaker's Office, so anyone who supports low and reasonable taxation should sponsor this bill.
§2 - Powers held by the president
....
d. The president shall upon advice of the finance minister (or equivalent) provide assent to any bills solely concerned with taxation or spending, and no such bills shall be introduced to the legislature without gaining such assent.
by Bleckonia » Sat Feb 28, 2015 1:06 pm
Amendment to the Government Establishment Act
Author: Sen. Franz Haas (Bleckonia | FCP)
Section 2, paragraph d of the Government Establishment Act is hereby rendered null and void.
by Atlanticatia » Sat Feb 28, 2015 1:23 pm
Bleckonia wrote:Amendment to the Government Establishment Act
Author: Sen. Franz Haas (Bleckonia | FCP)
Section 2, paragraph d of the Government Establishment Act is hereby rendered null and void.
Support this bill if you oppose the leftists trying to shove their revenue act down everyone's throat without even reaching across the aisle. Don't let Commissar Malgrave help the left usurp power!
by Lykens » Sat Feb 28, 2015 1:24 pm
Bleckonia wrote:Amendment to the Government Establishment Act
Author: Sen. Franz Haas (Bleckonia | FCP)
Section 2, paragraph d of the Government Establishment Act is hereby rendered null and void.
Support this bill if you oppose the leftists trying to shove their revenue act down everyone's throat without even reaching across the aisle. Don't let Commissar Malgrave help the left usurp power!
by Bleckonia » Sat Feb 28, 2015 2:47 pm
Atlanticatia wrote:Bleckonia wrote:Amendment to the Government Establishment Act
Author: Sen. Franz Haas (Bleckonia | FCP)
Section 2, paragraph d of the Government Establishment Act is hereby rendered null and void.
Support this bill if you oppose the leftists trying to shove their revenue act down everyone's throat without even reaching across the aisle. Don't let Commissar Malgrave help the left usurp power!
Ummm the left-leaning parties are in Government at the moment. It's simply the fact that we have formed Government and would obviously be proposing a budget. When the right-leaning parties are in Government, they will have the same opportunity.
by Lykens » Sat Feb 28, 2015 2:54 pm
Bleckonia wrote:Atlanticatia wrote:
Ummm the left-leaning parties are in Government at the moment. It's simply the fact that we have formed Government and would obviously be proposing a budget. When the right-leaning parties are in Government, they will have the same opportunity.
The fact is that I've never seen a democracy in my life where a budget proposal was made without some type of communication with the opposition.
by Calimera II » Sat Feb 28, 2015 2:59 pm
Bleckonia wrote:Atlanticatia wrote:
Ummm the left-leaning parties are in Government at the moment. It's simply the fact that we have formed Government and would obviously be proposing a budget. When the right-leaning parties are in Government, they will have the same opportunity.
The fact is that I've never seen a democracy in my life where a budget proposal was made without some type of communication with the opposition.
by Bleckonia » Sat Feb 28, 2015 3:05 pm
by Lykens » Sat Feb 28, 2015 3:09 pm
Bleckonia wrote:Lykens wrote:
Yes, but even in the UK, there is time for debate and revision before the bill is officially presented for a vote. In this case, there was no debate before the bill was presented to the Speaker to come to a vote, and thus no chance for any input from the opposition.
You must not be familiar with the Westminster System.
by Atlanticatia » Sat Feb 28, 2015 3:10 pm
Bleckonia wrote:Lykens wrote:
Yes, but even in the UK, there is time for debate and revision before the bill is officially presented for a vote. In this case, there was no debate before the bill was presented to the Speaker to come to a vote, and thus no chance for any input from the opposition.
You must not be familiar with the Westminster System.
by Great Nepal » Sat Feb 28, 2015 3:17 pm
Bleckonia wrote:Lykens wrote:
Yes, but even in the UK, there is time for debate and revision before the bill is officially presented for a vote. In this case, there was no debate before the bill was presented to the Speaker to come to a vote, and thus no chance for any input from the opposition.
You must not be familiar with the Westminster System.
by Murkwood » Sat Feb 28, 2015 3:23 pm
Heraklea- wrote:Ikania wrote:Thanks everyone. If that's five, I believe we only need one more to submit it to queue.
I think that's all you need, but go ahead and throw me on as well.New Werpland wrote:What do you think about an award system? Like we could give awards to people who honor Calaverde or something, would that be a good bill?
Well, Murkwood tried something like that earlier but it got shotdown. I can't remember if his revised version has been voted on or not (or if it even netted enough sponsors to go to debate).
by Geilinor » Sat Feb 28, 2015 3:55 pm
Bleckonia wrote:
Sponsors? There is already a far-left revenues bill in the Speaker's Office, so anyone who supports low and reasonable taxation should sponsor this bill.
by Atlanticatia » Sat Feb 28, 2015 4:01 pm
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