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Bill: Income tax proposal of July 2461
Details
Submitted by[?]: Libertarian 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: June 2462
Description[?]:
| The Libertarian 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 |
| > 12,500 BLD | 6% | 43,265,000,000 BLD |
| > 25,000 BLD | 12% | 106,782,000,000 BLD |
| > 50,000 BLD | 28% | 160,488,000,000 BLD | Total | 310,535,000,000 BLD |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |||||
| yes |
Total Seats: 55 | |||||
| no |
Total Seats: 160 | |||||
| abstain | Total Seats: 85 |
| Random fact: The players in a nation have a collective responsibility to prevent confusion by ensuring unofficial or outdated bills labelled as "Cultural Protocols" are removed from their nation page. |
| Random quote: "I reject the cynical view that politics is a dirty business." - Richard M. Nixon |