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Bill: Tax Proposal 2113
Details
Submitted by[?]: Txurruka/Aperribai/Mayoz's OPX
Status[?]: passed
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: February 2115
Description[?]:
| The Liberal Libertarian Party propose to adjust the government's income tax policy to better address the economic situation of the Republica Baltusia. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 20
Current: 0
Proposed: 25
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 25
Current: 0
Proposed: 30
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 |
| > 15,000 BLD | 10% | 57,435,000,000 BLD |
| > 25,000 BLD | 20% | 178,039,000,000 BLD |
| > 50,000 BLD | 30% | 118,215,000,000 BLD |
| > 75,000 BLD | 40% | 47,650,000,000 BLD |
| > 100,000 BLD | 50% | 30,109,000,000 BLD | Total | 431,448,000,000 BLD |
Debate
These messages have been posted to debate on this bill:
| Date | 07:54:40, September 20, 2005 CET | From |  Txurruka/Aperribai/Mayoz's OPX | To | Debating the Tax Proposal 2113 |
| Message | This will roughly give a 20% income tax cut but leaves the income of the government roughly the same. |
| Date | 07:56:18, September 20, 2005 CET | From | Txurruka/Aperribai/Mayoz's OPX | To | Debating the Tax Proposal 2113 |
| Message | OOC: Actually I dont really mind if this goes anywhere. I just wanted to test the taxing out. Although it would be good to pass a 20% income tax cut. |
| Date | 06:05:31, September 22, 2005 CET | From | Txurruka/Aperribai/Mayoz's OPX | To | Debating the Tax Proposal 2113 |
| Message | You know...you could give a reason for your opposition or do you like income tax or something? |
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Voting
| Vote | Seats | |||||
| yes |
Total Seats: 329 | |||||
| no | Total Seats: 137 | |||||
| abstain | Total Seats: 0 |
| Random fact: Head to the "Language assistance" thread to receive and offer help with translations: http://forum.particracy.net/viewtopic.php?f=5&t=6368 |
| Random quote: "He comes out of hibernation once every three years and says something stupid. No wonder the UR fell apart." - Tirza Sommer, Pragmatic Party Leader, on the Dorvish President, Leonhard Khan. |