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Bill: Income tax proposal of March 2576
Details
Submitted by[?]: Boston Tea Party
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: November 2576
Description[?]:
| The Boston Tea Party propose to adjust the government's income tax policy to better address the economic situation of the Democratic Republic of Ikradon. |
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 |
| > 10,000 IKD | 4% | 22,737,000,000 IKD |
| > 20,000 IKD | 8% | 37,508,000,000 IKD |
| > 30,000 IKD | 12% | 42,642,000,000 IKD |
| > 40,000 IKD | 16% | 43,976,000,000 IKD |
| > 50,000 IKD | 20% | 101,003,000,000 IKD |
| > 75,000 IKD | 24% | 72,934,000,000 IKD |
| > 100,000 IKD | 28% | 26,946,000,000 IKD |
| > 125,000 IKD | 32% | 6,565,000,000 IKD |
| > 150,000 IKD | 36% | 4,022,000,000 IKD |
| > 170,000 IKD | 40% | 651,000,000 IKD | Total | 358,984,000,000 IKD |
Debate
These messages have been posted to debate on this bill:
| Date | 23:30:39, May 14, 2008 CET | From |  Cultural Revolution | To | Debating the Income tax proposal of March 2576 |
| Message | This is the right programme for me . Maybe we must increase a little bit the tax , but non cut money in the public services. Sorry for me english |
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Voting
| Vote | Seats | ||
| yes |
Total Seats: 113 | ||
| no |
Total Seats: 267 | ||
| abstain |
Total Seats: 219 |
| Random fact: Treaties will be eligible for deletion if they are more than 50 in-game years old and have no currently ratified members. |
| Random quote: "Poverty is the parent of revolution and crime." - Aristotle |