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Bill: Income tax proposal of July 2609
Details
Submitted by[?]: Democratic Liberals of Barmenia
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: April 2613
Description[?]:
| The Democratic Liberals of Barmenia propose to adjust the government's income tax policy to better address the economic situation of the United Barmenian Democratic States. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 6
Current: 35
Proposed: 15
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 |
| > 5,000 BAR | 4% | 11,383,000,000 BAR |
| > 10,000 BAR | 9% | 25,611,000,000 BAR |
| > 15,000 BAR | 10% | 48,058,000,000 BAR |
| > 25,000 BAR | 12% | 37,204,000,000 BAR |
| > 35,000 BAR | 17% | 56,162,000,000 BAR |
| > 50,000 BAR | 20% | 68,467,000,000 BAR |
| > 75,000 BAR | 35% | 28,687,000,000 BAR |
| > 90,000 BAR | 38% | 12,070,000,000 BAR |
| > 100,000 BAR | 40% | 4,381,000,000 BAR | Total | 292,023,000,000 BAR |
Debate
These messages have been posted to debate on this bill:
| Date | 09:21:29, July 23, 2008 CET | From | Progress Party | To | Debating the Income tax proposal of July 2609 |
| Message | no. |
| Date | 09:25:03, July 23, 2008 CET | From | Democratic Liberals of Barmenia | To | Debating the Income tax proposal of July 2609 |
| Message | What would you like to see differently? |
| Date | 10:34:28, July 23, 2008 CET | From | WDFT Party | To | Debating the Income tax proposal of July 2609 |
| Message | taxes shouldn't be increased |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 175 | ||||
| no |
Total Seats: 105 | ||||
| abstain | Total Seats: 20 |
| Random fact: Culturally Open nations can adopt advisory/non-enforceable Nation Descriptions. See http://forum.particracy.net/viewtopic.php?f=5&t=6242 |
| Random quote: "The two greatest obstacles to democracy in the United States are, first, the widespread delusion among the poor that we have a democracy, and second, the chronic terror among the rich, lest we get it." - Edward Dowling |