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Bill: Budget 2121 - Income Tax
Details
Submitted by[?]: Txurruka/Aperribai/Mayoz's OPX
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: February 2122
Description[?]:
| The Liberal Libertarian Party propose to adjust the government's income tax policy to better address the economic situation of the Republica Baltusia. |
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 |
| > 15,000 BLD | 10% | 57,447,000,000 BLD |
| > 25,000 BLD | 20% | 178,054,000,000 BLD |
| > 50,000 BLD | 30% | 118,210,000,000 BLD |
| > 75,000 BLD | 40% | 47,644,000,000 BLD |
| > 100,000 BLD | 50% | 30,004,000,000 BLD | Total | 431,359,000,000 BLD |
Debate
These messages have been posted to debate on this bill:
| Date | 06:25:38, October 06, 2005 CET | From |  Txurruka/Aperribai/Mayoz's OPX | To | Debating the Budget 2121 - Income Tax |
| Message | OOC: For some reason, we had a ton of extra brackets in our tax system that didnt pass the last time we passed this bill. So Im hoping this will fix it. |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 338 | ||||
| no | Total Seats: 0 | ||||
| abstain |
Total Seats: 128 |
| Random fact: Moderation reserves the discretion to declare RP laws invalid if the players supporting them are doing so in an excessively confrontational way. |
| Random quote: "I am a conservative to preserve all that is good in our constitution, a radical to remove all that is bad. I seek to preserve property and to respect order, and I equally decry the appeal to the passions of the many or the prejudices of the few." - Benjamin Disraeli |