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Bill: Income tax proposal of May 2665
Details
Submitted by[?]: Walruzyjska Partia Libertariańska
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 2666
Description[?]:
| The Valruzian Communist Party propose to adjust the government's income tax policy to better address the economic situation of the Valruzian Federation. |
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 |
| > 7,500 VPO | 6% | 25,651,000,000 VPO |
| > 15,000 VPO | 10% | 25,138,000,000 VPO |
| > 20,000 VPO | 15% | 28,501,000,000 VPO |
| > 25,000 VPO | 19% | 26,450,000,000 VPO |
| > 30,000 VPO | 22% | 24,171,000,000 VPO |
| > 35,000 VPO | 35% | 28,009,000,000 VPO |
| > 40,000 VPO | 43% | 47,050,000,000 VPO |
| > 50,000 VPO | 60% | 46,054,000,000 VPO |
| > 60,000 VPO | 65% | 25,890,000,000 VPO |
| > 70,000 VPO | 65% | 34,097,000,000 VPO |
| > 100,000 VPO | 70% | 3,980,000,000 VPO | Total | 314,991,000,000 VPO |
Debate
These messages have been posted to debate on this bill:
| Date | 01:05:40, November 14, 2008 CET | From | National Liberal League | To | Debating the Income tax proposal of May 2665 |
| Message | Much better. |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 291 | ||||
| no | Total Seats: 0 | ||||
| abstain | Total Seats: 84 |
| Random fact: Check out the forum regularly for game news. http://forum.particracy.net/ |
| Random quote: "The theory of Communism may be summed up in the single sentence: abolition of private property." - Karl Marx |