GM office/ Atlasian Almanac-Gazette Community Portal

[Chancellor Tanterterg]

How much would this cost?

Immigration Reform Act of 2012

Section 1
•   The Mideast Assembly recognizes that although English is the primary language of the region, there is no official language in the Mideast. 
•   The Mideast government will build English language education and career-services centers in the cities of Baltimore, Chicago (2x), Cleveland, Columbus, Cincinnati, Detroit, Grand Rapids, Green Bay, Indianapolis, Kansas City, Louisville, Madison, Milwaukee, Nyman DC (2x), Richmond, and St. Louis. These centers will focus on helping first generation immigrants learn English and find jobs so that they can be productive members of Atlasian society.
•   Any first-generation immigrant who passes a region-issued English language exam at one of these centers will be allowed to remain in the region for an additional five years under the guest-worker program described in Section 2, Clause 1 of this bill.

Section 2
•   The Mideast will establish a ten-year guest-worker program through which immigrant workers will be issued special visas that will allow them (along with their nuclear family) to reside in the U.S. as guest workers for a period not to exceed ten years. 
•   During this time, all guest workers and their family are encouraged to work to gain citizenship during this ten-year window

[Chancellor Tanterterg]

Mr. GM, could we get an estimate for how much additional revenue would be brought in by the following tax increases and how much they would reduce the debt (projected to be $17.04 billion with the old rates).  The proposed rates are in parentheses, while the old ones are not.  If it's not too much work, it would also be great to see a this broken down by bracket (in addition to the totals, of course).  Thanks

Mideast Income Tax Rate:
0%    $0 - $13,000 (0%)
1%    $13,001 - $40,000 (1%)
1.5%    $40,001 - $100,000 (2%)
2.2%    $100,001 - $180,000 (3.5%)
2.7%    $180,001 - $300,000 (5.5%)
3.25%    $300,001 - $750,000 (6.5%)
4%    $750,001 - $2,750,000 (7.5%)
5%    $2,750,001- $9,999,999 (8.5%)
6.5%   $10,000,000+ (9.75%)
1.5%   Employer conributions to pensions (1.5%)

Mideast Corporate Tax Rate:

0%    $0 - $50,000 (0%)
0.5%    $50,001 - $75,000 (0.5%)
1%    $75,001 - $125,000 (1.2%)
1.5%    $125,001 - $350,000 (1.8%)
2%    $350,001 - $1,000,000 (2.5%)
2.5%    $1,000,001 - $10,000,000 (3.25%)
3.25%    $10,000,001 - $20,000,000 (4.5%)
4%    $20,000,001-$70,000,000 (5.5%)
5%   $70,000,001+ (6.5%)

[Chancellor Tanterterg]

Thank you for your service, you will be greatly missed.