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Bill: Income tax proposal of June 2534
Details
Submitted by[?]: Revolutionary Democratic Socialists
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 2535
Description[?]:
| The Revolutionary Democratic Socialists 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 | 6% | 43,286,000,000 BLD |
| > 25,000 BLD | 12% | 106,832,000,000 BLD |
| > 50,000 BLD | 30% | 118,210,000,000 BLD |
| > 75,000 BLD | 35% | 41,689,000,000 BLD |
| > 100,000 BLD | 45% | 27,003,000,000 BLD | Total | 337,020,000,000 BLD |
Debate
These messages have been posted to debate on this bill:
| Date | 19:57:41, February 19, 2008 CET | From | Justice&Freedom | To | Debating the Income tax proposal of June 2534 |
| Message | i think it's better 6-12- 24- 36- 48 it's more progressive |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 162 | ||||
| no | Total Seats: 79 | ||||
| abstain | Total Seats: 59 |
| Random fact: Jelbic = "Group of cultures with an overall Central Asian/Eurasian steppe theme, using a fictional language developed specifically for Particracy". |
| Random quote: "Envy is the cause of political division." - Democritus |