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Bill: Income tax proposal of October 2606
Details
Submitted by[?]: The Green Manalishi Party
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: June 2607
Description[?]:
| The The Green Manalishi Party propose to adjust the government's income tax policy to better address the economic situation of the Socialist Republic of Al'Badara. |
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 |
| > 10,000 BDR | 15% | 42,964,000,000 BDR |
| > 15,000 BDR | 21% | 60,150,000,000 BDR |
| > 20,000 BDR | 28% | 80,199,000,000 BDR |
| > 25,000 BDR | 33% | 94,521,000,000 BDR |
| > 30,000 BDR | 40% | 444,035,000,000 BDR |
| > 50,000 BDR | 52% | 488,378,000,000 BDR |
| > 70,000 BDR | 56% | 514,691,000,000 BDR |
| > 100,000 BDR | 61% | 407,300,000,000 BDR |
| > 140,000 BDR | 63% | 240,222,000,000 BDR |
| > 200,000 BDR | 65% | 64,422,000,000 BDR | Total | 2,436,882,000,000 BDR |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||||
| yes | Total Seats: 359 | ||||
| no |
Total Seats: 260 | ||||
| abstain |
Total Seats: 96 |
| Random fact: Moderation will not implement nation renaming requests where the proposed name does not comply with the requirements set out in the Nation Renaming Guide: http://forum.particracy.net/viewtopic.php?f=11&t=6364 |
| Random quote: "The most certain test by which we judge whether a country is really free is the amount of security enjoyed by minorities." - John Dalberg-Acton |