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Bill: ARM -= Enhanced Taxation =-
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 not pass any sooner than the deadline.
Voting deadline: July 2573
Description[?]:
| "Why should those who do not use public services pay the bills for them?" -Judy Gottlos, Head Archon of the ARM |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 5
Current: 18
Proposed: 0
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 32
Current: 19
Proposed: 0
Article 3
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 |
| > 4,000 BEI | 12% | 6,893,000,000 BEI |
| > 5,000 BEI | 25% | 14,360,000,000 BEI |
| > 6,000 BEI | 34% | 19,530,000,000 BEI |
| > 7,000 BEI | 39% | 22,402,000,000 BEI |
| > 8,000 BEI | 43% | 24,700,000,000 BEI |
| > 9,000 BEI | 47% | 26,998,000,000 BEI |
| > 10,000 BEI | 50% | 28,721,000,000 BEI |
| > 11,000 BEI | 52% | 29,870,000,000 BEI |
| > 12,000 BEI | 54% | 31,019,000,000 BEI |
| > 13,000 BEI | 55% | 31,593,000,000 BEI |
| > 14,000 BEI | 57% | 32,742,000,000 BEI |
| > 15,000 BEI | 58% | 33,316,000,000 BEI |
| > 16,000 BEI | 59% | 33,891,000,000 BEI |
| > 17,000 BEI | 60% | 34,465,000,000 BEI |
| > 18,000 BEI | 61% | 35,039,000,000 BEI |
| > 19,000 BEI | 62% | 71,228,000,000 BEI |
| > 21,000 BEI | 63% | 36,188,000,000 BEI |
| > 22,000 BEI | 64% | 110,288,000,000 BEI |
| > 25,000 BEI | 65% | 112,011,000,000 BEI |
| > 28,000 BEI | 66% | 95,476,000,000 BEI |
| > 31,000 BEI | 67% | 97,370,000,000 BEI |
| > 35,000 BEI | 68% | 108,166,000,000 BEI |
| > 40,000 BEI | 1% | 13,448,000,000 BEI | Total | 1,049,714,000,000 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: 339 | ||||
| abstain |
Total Seats: 48 |
| Random fact: Particracy has been running since 2005. Dorvik was Particracy's first nation, the Dorvik Social Democrats the first party and the International Greens the first Party Organisation. |
| Random quote: "I am not a vegetarian because I love animals; I am a vegetarian because I hate plants." - A. Whitney Brown |