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Bill: Income tax proposal of January 2389
Details
Submitted by[?]: Baltusian National Party
Status[?]: defeated
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: September 2389
Description[?]:
| The Baltusian National Party propose to adjust the government's income tax policy to better address the economic situation of the Republica Baltusia. |
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 |
| > 10,000 BLD | 5% | 37,943,000,000 BLD |
| > 23,000 BLD | 12% | 86,782,000,000 BLD |
| > 40,000 BLD | 22% | 60,451,000,000 BLD |
| > 50,000 BLD | 35% | 200,365,000,000 BLD | Total | 385,541,000,000 BLD |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||||||
| yes | Total Seats: 0 | ||||||
| no |
Total Seats: 200 | ||||||
| abstain | Total Seats: 0 |
| Random fact: Particracy is set in the fictional world of Terra, which mirrors the real world of today and yet is not quite like it. |
| Random quote: "Capitalism is the only system that can make freedom, individuality, and the pursuit of values possible in practice." - Ayn Rand |