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Bill: Income tax proposal of February 2773
Details
Submitted by[?]: Revolucia Partio de Koburo
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: October 2773
Description[?]:
| We propose to lower taxes on the bottom five income brackets. |
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 |
| > 5,000 COB | 8% | 15,375,000,000 COB |
| > 10,000 COB | 11% | 8,469,000,000 COB |
| > 15,000 COB | 15% | 3,241,000,000 COB |
| > 18,000 COB | 19% | 1,874,000,000 COB |
| > 20,000 COB | 24% | 2,208,000,000 COB |
| > 25,000 COB | 28% | 1,054,000,000 COB |
| > 30,000 COB | 31% | 888,000,000 COB |
| > 35,000 COB | 34% | 282,000,000 COB | Total | 33,391,000,000 COB |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||||
| yes | Total Seats: 283 | ||||
| no | Total Seats: 88 | ||||
| abstain |
Total Seats: 190 |
| Random fact: Real-life organisations should not be referenced in Particracy, unless they are simple and generic (eg. "National Organisation for Women" is allowed). |
| Random quote: "Presidency, n. The greased pig in the field game of American politics." - Ambrose Bierce |