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: Income tax proposal of October 2508
Details
Submitted by[?]: National Liberal League
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 2509
Description[?]:
| The Left-Libertarian League 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 |
| > 6,000 VPO | 3% | 10,290,000,000 VPO |
| > 12,000 VPO | 8% | 33,731,000,000 VPO |
| > 20,000 VPO | 15% | 49,382,000,000 VPO |
| > 30,000 VPO | 23% | 49,466,000,000 VPO |
| > 42,000 VPO | 29% | 46,691,000,000 VPO |
| > 60,000 VPO | 38% | 27,291,000,000 VPO |
| > 85,000 VPO | 46% | 12,031,000,000 VPO | Total | 228,882,000,000 VPO |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||||
| yes |
Total Seats: 100 | ||||
| no |
Total Seats: 157 | ||||
| abstain | Total Seats: 76 |
| Random fact: After 3 days (72 hours) your account will be inactivated by Moderation. If you want to be reactivated you can request reactivation located here: http://forum.particracy.net/viewtopic.php?f=11&t=4360 |
| Random quote: "A free people ought not only to be armed and disciplined, but they should have sufficient arms and ammunition to maintain a status of independence from any who might attempt to abuse them, which would include their own government." - George Washington |