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Bill: Income tax proposal of July 2605
Details
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: September 2606
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% | 11,403,000,000 BAR |
| > 10,000 BAR | 11% | 31,359,000,000 BAR |
| > 15,000 BAR | 13% | 62,598,000,000 BAR |
| > 25,000 BAR | 20% | 62,146,000,000 BAR |
| > 35,000 BAR | 25% | 82,782,000,000 BAR |
| > 50,000 BAR | 27% | 98,578,000,000 BAR |
| > 78,000 BAR | 40% | 36,789,000,000 BAR |
| > 100,000 BAR | 46% | 5,048,000,000 BAR | Total | 390,703,000,000 BAR |
Debate
These messages have been posted to debate on this bill:
| Date | 21:37:16, July 14, 2008 CET | From | Democratic Liberals of Barmenia | To | Debating the Income tax proposal of July 2605 |
| Message | A bit too high of a jump in taxation for the more wealthy...I'd like to see the two higher brackets fall about 10%. Right track, wrong amounts. |
| Date | 15:59:02, July 15, 2008 CET | From | Social Democratic Pacifist Party | To | Debating the Income tax proposal of July 2605 |
| Message | We're good with taxing the wealthy, it'sjust that only the lowest bracket hasn't changed |
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Voting
| Vote | Seats | ||||||
| yes |
Total Seats: 27 | ||||||
| no |
Total Seats: 273 | ||||||
| abstain | Total Seats: 0 |
| Random fact: Once approved, players should copy Cultural Protocols into a bill in the debate section of their nation page, under the title of "OOC: Cultural Protocols". This bill should include links to the passed Cultural Protocol bill and the Moderation approval. |
| Random quote: "We had no domestic attacks under Bush." - Rudy Giuliani |