We are working on a brand new version of the game! If you want to stay informed, read our blog and register for our mailing list.
Bill: Progressive Tax Act of 2487
Details
Submitted by[?]: Catholic Workers Union
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 2487
Description[?]:
| A new tax act to close the deficit. |
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 |
| > 500 TPD | 10% | 2,835,000,000 TPD |
| > 1,000 TPD | 22% | 24,862,000,000 TPD |
| > 3,000 TPD | 34% | 29,898,000,000 TPD |
| > 5,000 TPD | 46% | 21,455,000,000 TPD |
| > 7,000 TPD | 58% | 15,973,000,000 TPD |
| > 9,000 TPD | 70% | 12,845,000,000 TPD |
| > 11,000 TPD | 82% | 8,234,000,000 TPD |
| > 13,000 TPD | 96% | 11,515,000,000 TPD | Total | 127,617,000,000 TPD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||||
| yes | Total Seats: 294 | ||||
| no |
Total Seats: 266 | ||||
| abstain |
Total Seats: 190 |
| Random fact: Information about the population of each country can be found on the Population Information thread: http://forum.particracy.net/viewtopic.php?f=5&t=8663 |
| Random quote: "We are told that this is an odious and unpopular tax. I never knew a tax that was not odious and unpopular with the people who paid it." - John Sherman |