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Bill: Income tax proposal of July 2526
Details
Submitted by[?]: Communist Party of Valruzia
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: March 2527
Description[?]:
| The Communist Party of Valruzia 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 | 6% | 20,654,000,000 VPO |
| > 12,000 VPO | 10% | 42,318,000,000 VPO |
| > 20,000 VPO | 16% | 52,860,000,000 VPO |
| > 30,000 VPO | 24% | 51,788,000,000 VPO |
| > 42,000 VPO | 31% | 50,066,000,000 VPO |
| > 60,000 VPO | 42% | 41,286,000,000 VPO | Total | 258,972,000,000 VPO |
Debate
These messages have been posted to debate on this bill:
| Date | 23:24:30, February 03, 2008 CET | From |  People's Revolutionary Party | To | Debating the Income tax proposal of July 2526 |
| Message | We agree with this because it lowers taxes for the poor |
| Date | 01:30:55, February 04, 2008 CET | From | National Liberal League | To | Debating the Income tax proposal of July 2526 |
| Message | Taxes should not be raised for *anyone*. |
| Date | 23:56:23, February 04, 2008 CET | From | Gilded Rose Party | To | Debating the Income tax proposal of July 2526 |
| Message | Again, we agree with the LLL |
| Date | 01:25:53, February 05, 2008 CET | From | Christian Federalist Party | To | Debating the Income tax proposal of July 2526 |
| Message | We support the proposed tax cut but oppose the tax hike as well. We oppose. |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 150 | ||||
| no |
Total Seats: 183 | ||||
| abstain | Total Seats: 0 |
| Random fact: Google Translate can help you with those language translations: https://translate.google.com/ |
| Random quote: "If the Third World War is fought with nuclear weapons, the fourth will be fought with bows and arrows." - Louis Mountbatten |