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Bill: Income tax proposal of June 2497
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: August 2498
Description[?]:
| The CSA Valruzian Communist 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 |
| > 5,000 VPO | 5% | 14,292,000,000 VPO |
| > 10,000 VPO | 9% | 48,238,000,000 VPO |
| > 20,000 VPO | 15% | 65,863,000,000 VPO |
| > 35,000 VPO | 20% | 61,206,000,000 VPO |
| > 70,000 VPO | 25% | 10,145,000,000 VPO |
| > 90,000 VPO | 30% | 5,269,000,000 VPO | Total | 205,013,000,000 VPO |
Debate
These messages have been posted to debate on this bill:
| Date | 23:45:11, December 07, 2007 CET | From | National Liberal League | To | Debating the Income tax proposal of June 2497 |
| Message | this is an improvement. |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 123 | |||
| no | Total Seats: 110 | |||
| abstain | Total Seats: 100 |
| Random fact: All role-play must respect the established cultural background in Culturally Protected nations. |
| Random quote: "Depressions and mass unemployment are not caused by the free market but by government interference in the economy." - Ludwig von Mises |