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Bill: Income tax proposal of May 2603
Details
Status[?]: passed
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: January 2604
Description[?]:
| The tory propose to adjust the government's income tax policy to better address the economic situation of the United Barmenian Democratic States. |
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 |
| > 5,000 BAR | 4% | 11,382,000,000 BAR |
| > 10,000 BAR | 11% | 31,301,000,000 BAR |
| > 15,000 BAR | 13% | 62,479,000,000 BAR |
| > 25,000 BAR | 20% | 62,030,000,000 BAR |
| > 35,000 BAR | 25% | 82,631,000,000 BAR |
| > 50,000 BAR | 27% | 98,412,000,000 BAR |
| > 78,000 BAR | 40% | 36,729,000,000 BAR |
| > 100,000 BAR | 45% | 4,933,000,000 BAR | Total | 389,897,000,000 BAR |
Debate
These messages have been posted to debate on this bill:
| Date | 13:17:05, July 09, 2008 CET | From |  WDFT Party | To | Debating the Income tax proposal of May 2603 |
| Message | progression in taxation is taking incentive to work and taxes are increased to the most of people |
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Voting
| Vote | Seats | |||
| yes |
Total Seats: 225 | |||
| no | Total Seats: 0 | |||
| abstain |
Total Seats: 75 |
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