Progressive Taxation Act (Failed) (user search)

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Progressive Taxation Act (Failed) (search mode)

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Topic: Progressive Taxation Act (Failed) (Read 10624 times)

Marokai Backbeat
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Posts: 17,477

Political Matrix
E: -7.42, S: -7.39

Re: Progressive Taxation Act (In Debate)

« on: January 30, 2011, 06:43:40 PM »

Oh come on now folks. I'm not in love with this bill myself either, but considering the bracket it's actually creating, it's hardly the end of the world. It's not a 75% tax rate on people making 40k.

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Marokai Backbeat
Marokai Blue
Atlas Icon

Posts: 17,477

Political Matrix
E: -7.42, S: -7.39

Re: Progressive Taxation Act (In Debate)

« Reply #1 on: February 01, 2011, 07:14:47 AM »

What we really need here is some good old fashioned legislative analysis by our esteemed GM. PS did the same for tax law, so if Badger could evaluate the effects, perhaps we could all just settle on his view of things instead of one side saying one thing and one side saying another.

In the meantime though, props to you, Antonio, for not going down without a fight. I like that quality. Tongue

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Marokai Backbeat
Marokai Blue
Atlas Icon

Posts: 17,477

Political Matrix
E: -7.42, S: -7.39

Re: Progressive Taxation Act (In Debate)

« Reply #2 on: February 01, 2011, 05:45:37 PM »

Superb insight so far, Badger.

I know I'm not a member of the Senate, but I am curious. What are the current capital gains tax rates? We could probably just use RL rates for those since I don't remember them ever being raised here in Atlasia.

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