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Bill: Income tax proposal of May 2532 (new intermediate bracket)
Details
Submitted by[?]: Justice&Freedom
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: April 2533
Description[?]:
| The Justice&Freedom propose to adjust the government's income tax policy to better address the economic situation of the Republica Baltusia. |
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 |
| > 12,500 BLD | 5% | 36,016,000,000 BLD |
| > 25,000 BLD | 10% | 88,891,000,000 BLD |
| > 50,000 BLD | 20% | 78,667,000,000 BLD |
| > 75,000 BLD | 25% | 29,729,000,000 BLD |
| > 100,000 BLD | 30% | 18,002,000,000 BLD | Total | 251,305,000,000 BLD |
Debate
These messages have been posted to debate on this bill:
| Date | 12:33:08, February 15, 2008 CET | From | Justice&Freedom | To | Debating the Income tax proposal of May 2532 (new intermediate bracket) |
| Message | i introduced a new bracket between 50000 and 100000 this bracket is for > 75000 and will make us earn 48 billion BLD |
| Date | 13:26:36, February 15, 2008 CET | From | Tabagist Party | To | Debating the Income tax proposal of May 2532 (new intermediate bracket) |
| Message | The total is 404Billions instead of394... Hope you will never seat in the cabinet as minister of finance... :) |
| Date | 14:33:35, February 15, 2008 CET | From | Justice&Freedom | To | Debating the Income tax proposal of May 2532 (new intermediate bracket) |
| Message | sorry , it was an oversight! the eared amount is 10 billions |
| Date | 23:03:18, February 15, 2008 CET | From |  Txurruka/Aperribai/Mayoz's OPX | To | Debating the Income tax proposal of May 2532 (new intermediate bracket) |
| Message | Shouldn't Yandri Becerra of United Baltusia, the duly appointed Minister of Finance, propose these? |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 162 | ||||
| no |
Total Seats: 121 | ||||
| abstain |
Total Seats: 17 |
| Random fact: The players in a nation have a collective responsibility to prevent confusion by ensuring unofficial or outdated bills labelled as "Cultural Protocols" are removed from their nation page. |
| Random quote: "Every gun that is made, every warship launched, every rocket signifies, in the final sense, a theft from those who hunger and are not fed, from those who are cold and are not clothed. The world in arms is not spending money alone. It is spending the sweat of its laborers, the genius of its scientists, the hopes of its children." - Dwight D. Eisenhower |