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Bill: Income tax proposal of December 2497
Details
Submitted by[?]: National Defender Party
Status[?]: passed
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 National Capitalist Coalition Party propose to adjust the government's income tax policy to better address the economic situation of the Socialist Commonwealth of New Endralon. |
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 |
| > 40,000 NED | 5% | 50,971,000,000 NED |
| > 60,000 NED | 30% | 212,162,000,000 NED |
| > 80,000 NED | 40% | 223,968,000,000 NED |
| > 100,000 NED | 50% | 937,204,000,000 NED | Total | 1,424,305,000,000 NED |
Debate
These messages have been posted to debate on this bill:
| Date | 17:58:16, December 08, 2007 CET | From |  Libertarian Socialists of Endralon | To | Debating the Income tax proposal of December 2497 |
| Message | Why should we hand over a third of our national budget as a gift to the richest people in our society while depriving everyone else of the services they need to enjoy a decent standard of living? |
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Voting
| Vote | Seats | |||||
| yes |
Total Seats: 280 | |||||
| no | Total Seats: 143 | |||||
| abstain |
Total Seats: 76 |
| Random fact: Real-life organisations should not be referenced in Particracy, unless they are simple and generic (eg. "National Organisation for Women" is allowed). |
| Random quote: "The payment of taxes gives a right to protection." - James M. Wayne |