SB 108-08: Funding a Greater Society Act (Passed)

[Pedocon Theory is not a theory]

AN ACT
To provide for tax increases on high incomes

Be it enacted by the Senate of the Republic of Atlasia assembled

Section 1. Title

1. This act may be cited as the Funding a Greater Society Act.

Section 2. Tax Changes

Changes to tax brackets:

                     
 by tax bracket:
 0-13K      10%
 13K-50k    15%                   
 50K-130K   25%                     
 130K-210K  29%  31% : $452,282,000,000.00 ($452.29 Billon)     
 210K-413K  34%  38%: $317,099,000,000.00 ($317.10 Billon)                       
 413K+  45%: $244,141,000,000.00 ($244.14 Billon)

The Wealth Tax Act is amended as follows:

1. Households of a net worth greater than $50 million shall have a 24 %  annual tax imposed on their net worth.
2. A 2% 4% annual surcharge shall be imposed on net worth greater than $1 billion.
3. A 1% 2% annual surcharge shall be imposed on net worth greater than $5 billion.
4. A 1% 2% annual surcharge shall be imposed on net worth greater than $10 billion.

Revenue: $576.00 Billion

Sponsor: Kuumo

The gentleman from Idaho is recognized

Looks like a good bill. Common sense.

Motion to proceed to a final vote.

[Pedocon Theory is not a theory]

The main shtick of the Senator pushing for a final vote seems to be that anything on the Senate floor (with or without any debate) needs to either be motioned to table or a final vote.

The main shtick of the Federalist party is that the people of Atlasia should be subjected to an endless flow of useless legislation about whatever their whine du jour is.

[Pedocon Theory is not a theory]

The main shtick of the Senator pushing for a final vote seems to be that anything on the Senate floor (with or without any debate) needs to either be motioned to table or a final vote.

The main shtick of the Federalist party is that the people of Atlasia should be subjected to an endless flow of useless legislation about whatever their whine du jour is.

<blah blah something about fantasy taxes bad conservatives good wank wank the south>

Actually, you still don't get the point, do you? Taxation at 100% is the goal, perhaps even further if we can.

[Pedocon Theory is not a theory]

Aye

[Pedocon Theory is not a theory]

Aye

[Pedocon Theory is not a theory]

AYE