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Bill: Income tax proposal of April 2583
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 not pass any sooner than the deadline.
Voting deadline: December 2583
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
Proposal[?] to change Sales tax on luxury goods.
Old value:: 10
Current: 25
Proposed: 25
Article 2
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 |
| > 30,000 PON | 1% | 1,711,000,000 PON |
| > 35,000 PON | 2% | 2,500,000,000 PON |
| > 40,000 PON | 3% | 3,283,000,000 PON |
| > 45,000 PON | 4% | 4,024,000,000 PON |
| > 50,000 PON | 5% | 4,663,000,000 PON |
| > 55,000 PON | 6% | 5,234,000,000 PON |
| > 60,000 PON | 7% | 5,458,000,000 PON |
| > 65,000 PON | 8% | 5,817,000,000 PON |
| > 70,000 PON | 9% | 6,123,000,000 PON |
| > 75,000 PON | 10% | 5,575,000,000 PON |
| > 80,000 PON | 11% | 5,398,000,000 PON |
| > 85,000 PON | 12% | 5,330,000,000 PON |
| > 90,000 PON | 13% | 5,651,000,000 PON |
| > 95,000 PON | 14% | 5,826,000,000 PON |
| > 100,000 PON | 15% | 5,176,000,000 PON |
| > 105,000 PON | 16% | 3,340,000,000 PON |
| > 110,000 PON | 17% | 3,416,000,000 PON |
| > 115,000 PON | 18% | 2,861,000,000 PON |
| > 120,000 PON | 19% | 2,726,000,000 PON |
| > 125,000 PON | 20% | 2,428,000,000 PON |
| > 130,000 PON | 21% | 2,385,000,000 PON |
| > 135,000 PON | 22% | 2,226,000,000 PON |
| > 140,000 PON | 23% | 1,963,000,000 PON |
| > 145,000 PON | 24% | 2,048,000,000 PON |
| > 150,000 PON | 25% | 1,169,000,000 PON | Total | 96,331,000,000 PON |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |||
| yes | Total Seats: 75 | |||
| no | Total Seats: 221 | |||
| abstain |
Total Seats: 104 |
| Random fact: You can inactivate yourself on your User Page. You will then lose all your seats but your party account won't be deleted, and your party's Visibility ratings will not diminish. Reactivation can be requested in the "Reactivation Requests" thread in the Game Moderation section of the Particracy Forum. |
| Random quote: “Where would the weapons and equipment come from once you've banned the defence industry? Will we be defended by all your hippy people hurling potatoes and cabbages?” - Margaret Woodhall, former Dranian politician |