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Bill: ARM -= Income Cap =-
Details
Submitted by[?]: Archon Revolutionary Militia
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: May 2571
Description[?]:
| >>Be it enacted by majority vote of the Knesset of the Sixth Jewish Homeland of Beiteynu, let it be resolved that: 1) There shall be a flat income tax of 99 percent for all income beyond the first 25,000 BEI of any given paycheck. 2) Elected and appointed government officials shall be exempt from all income taxes.<< |
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 |
| > 25,000 BEI | 99% | 1,948,553,000,000 BEI | Total | 1,948,553,000,000 BEI |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |||
| yes | Total Seats: 13 | |||
| no |
Total Seats: 238 | |||
| abstain |
Total Seats: 149 |
| Random fact: Particracy is set in the fictional world of Terra, which mirrors the real world of today and yet is not quite like it. |
| Random quote: "Our enemies are innovative and resourceful and so are we. They never stop thinking about new ways to harm our country and our people and neither do we." - George W. Bush |