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Bill: Income tax proposal of October 2576
Details
Submitted by[?]: True Communist Movement
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: June 2577
Description[?]:
The True Communist Movement propose to adjust the government's income tax policy to better address the economic situation of the Dynastic Pontesian Empire. |
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 |
> 15,000 PON | 1% | 1,442,000,000 PON |
> 17,500 PON | 2% | 2,885,000,000 PON |
> 20,000 PON | 3% | 4,327,000,000 PON |
> 22,500 PON | 4% | 5,770,000,000 PON |
> 25,000 PON | 5% | 11,632,000,000 PON |
> 30,000 PON | 6% | 10,277,000,000 PON |
> 35,000 PON | 7% | 8,757,000,000 PON |
> 40,000 PON | 8% | 8,759,000,000 PON |
> 45,000 PON | 9% | 9,061,000,000 PON |
> 50,000 PON | 10% | 9,333,000,000 PON |
> 55,000 PON | 11% | 9,603,000,000 PON |
> 60,000 PON | 12% | 9,364,000,000 PON |
> 65,000 PON | 13% | 9,462,000,000 PON |
> 70,000 PON | 14% | 9,533,000,000 PON |
> 75,000 PON | 15% | 8,372,000,000 PON |
> 80,000 PON | 16% | 7,863,000,000 PON |
> 85,000 PON | 17% | 7,560,000,000 PON |
> 90,000 PON | 18% | 7,836,000,000 PON |
> 95,000 PON | 19% | 7,917,000,000 PON |
> 100,000 PON | 20% | 32,223,000,000 PON | Total | 181,976,000,000 PON |
Debate
These messages have been posted to debate on this bill:
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Vote | Seats | ||||
yes | Total Seats: 90 | ||||
no | Total Seats: 86 | ||||
abstain |
Total Seats: 224 |
Random fact: Character names must appear plausible and should consist of at least a first name and a surname. Exceptions to this will only be granted at Moderation's discretion and where a very strong case has been presented |
Random quote: "He who is unable to live in society, or who has no need because he is sufficient for himself, must be either a beast or a god." - Aristotle |