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Bill: Income tax proposal of March 2804
Details
Submitted by[?]: Partido Democratico Social
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: November 2804
Description[?]:
| The Social Democratic Party propose to adjust the government's income tax policy to make the taxes far less punitive for the people of Respublica Tropico de Gaduridos. |
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 GAD | 10% | 28,959,000,000 GAD |
| > 10,000 GAD | 20% | 57,917,000,000 GAD |
| > 15,000 GAD | 30% | 86,876,000,000 GAD |
| > 20,000 GAD | 40% | 115,834,000,000 GAD |
| > 25,000 GAD | 50% | 144,793,000,000 GAD |
| > 30,000 GAD | 60% | 173,751,000,000 GAD |
| > 35,000 GAD | 35% | 101,355,000,000 GAD |
| > 40,000 GAD | 80% | 231,668,000,000 GAD |
| > 45,000 GAD | 90% | 8,640,589,000,000 GAD | Total | 9,581,742,000,000 GAD |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |
| yes | Total Seats: 106 | |
| no | Total Seats: 0 | |
| abstain |
Total Seats: 44 |
| 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: "In an underdeveloped country, don't drink the water; in a developed country, don't breathe the air." - Changing Times magazine |