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Bill: Budget Proposal of February 2694
Details
Submitted by[?]: Green Party of Aldegar
Status[?]: defeated
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: October 2694
Description[?]:
| This is part one the Budget proposed by the Minister of Finance. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 20
Current: 30
Proposed: 25
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 5
Current: 50
Proposed: 11
Article 3
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 |
| > 500 ACR | 10% | 8,390,000,000 ACR |
| > 2,000 ACR | 25% | 26,425,000,000 ACR |
| > 4,000 ACR | 35% | 37,606,000,000 ACR |
| > 7,500 ACR | 45% | 17,629,000,000 ACR |
| > 10,000 ACR | 55% | 12,213,000,000 ACR |
| > 13,000 ACR | 60% | 8,107,000,000 ACR |
| > 16,000 ACR | 65% | 3,613,000,000 ACR | Total | 113,983,000,000 ACR |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |||
| yes |
Total Seats: 152 | |||
| no |
Total Seats: 462 | |||
| abstain |
Total Seats: 136 |
| Random fact: Particracy does not allow real-life fictional references (eg. Gandalf, Harry Potter, Luke Skywalker). |
| Random quote: "Stupid people are ruining America." - Herman Cain |