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Bill: Income tax proposal of July 2773
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: September 2774
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 | 4% | 17,150,000,000 VPO |
| > 15,000 VPO | 8% | 20,175,000,000 VPO |
| > 20,000 VPO | 14% | 26,683,000,000 VPO |
| > 25,000 VPO | 22% | 30,714,000,000 VPO |
| > 30,000 VPO | 29% | 31,948,000,000 VPO |
| > 35,000 VPO | 38% | 30,482,000,000 VPO |
| > 40,000 VPO | 50% | 54,813,000,000 VPO |
| > 50,000 VPO | 64% | 49,257,000,000 VPO |
| > 60,000 VPO | 66% | 26,384,000,000 VPO |
| > 70,000 VPO | 69% | 36,345,000,000 VPO |
| > 100,000 VPO | 72% | 4,129,000,000 VPO | Total | 328,080,000,000 VPO |
Debate
These messages have been posted to debate on this bill:
| Date | 13:57:41, June 18, 2009 CET | From |  Walruzyjska Partia Libertariańska | To | Debating the Income tax proposal of July 2773 |
| Message | Large tax cuts for the lower and middle class. |
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Voting
| Vote | Seats | ||
| yes | Total Seats: 167 | ||
| no | Total Seats: 0 | ||
| abstain | Total Seats: 58 |
| Random fact: "Jezvraljogadsrlji" means "Social" in the Jelbic languages. |
| Random quote: "The true revolutionary is guided by great feelings of love. It is impossible to think of a genuine revolutionary lacking this quality." - Che Guevara |