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Bill: Income tax proposal of September 2419
Details
Submitted by[?]: Walruzyjska Partia Libertariańska
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: June 2420
Description[?]:
| The Unitied People of Valruzia Party propose to adjust the government's income tax policy to better address the economic situation of the Valruzian Federation. |
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 |
| > 6,000 VPO | 8% | 27,519,000,000 VPO |
| > 12,000 VPO | 12% | 50,754,000,000 VPO |
| > 20,000 VPO | 17% | 56,135,000,000 VPO |
| > 30,000 VPO | 25% | 47,595,000,000 VPO |
| > 40,000 VPO | 32% | 35,081,000,000 VPO |
| > 50,000 VPO | 43% | 75,400,000,000 VPO | Total | 292,484,000,000 VPO |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |||||
| yes | Total Seats: 205 | |||||
| no |
Total Seats: 475 | |||||
| abstain | Total Seats: 70 |
| Random fact: Selucia is Particracy's modern take on Ancient Rome, located on the continent of Majatra. |
| Random quote: "A single death is a tragedy; a million deaths is a statistic." - Josef Stalin |