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Bill: Income tax proposal of March 2430
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: March 2431
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 |
| > 1 VPO | 55% | 315,354,000,000 VPO |
| > 10,000 VPO | 9% | 48,395,000,000 VPO |
| > 20,000 VPO | 12% | 62,488,000,000 VPO |
| > 40,000 VPO | 15% | 27,997,000,000 VPO |
| > 60,000 VPO | 18% | 11,430,000,000 VPO |
| > 80,000 VPO | 21% | 6,130,000,000 VPO |
| > 100,000 VPO | 25% | 1,434,000,000 VPO | Total | 473,228,000,000 VPO |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||||
| yes | Total Seats: 91 | ||||
| no | Total Seats: 217 | ||||
| abstain |
Total Seats: 242 |
| Random fact: It usually takes up to an hour for election results to generate. During this time, the "Next Election" date is put forward a month, which is confusing. Do not worry! In a short time, the election result will generate and the "Next Election" date will then correct itself. |
| Random quote: "You can only progress when you think big, you can only move forward when you look further." - Arria Ivmarus, former Selucian politician |