We are working on a brand new version of the game! If you want to stay informed, read our blog and register for our mailing list.
Bill: Income tax proposal of March 2845
Details
Submitted by[?]: Imperial East Terra Company
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 2845
Description[?]:
| Finance Factor, Valentino DiMarcio of The Imperial East Terra Company proposes to adjust the Company's income tax policy to better address the economic situation of the Loyal Kingdom of Gaduridos and Fotheringhay. The resolution will eliminate the basic rate of income tax paid for by an increase in the top rate of income tax. |
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 |
| > 20,000 GAD | 30% | 260,593,000,000 GAD |
| > 35,000 GAD | 36% | 3,663,657,000,000 GAD | Total | 3,924,250,000,000 GAD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes | Total Seats: 75 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
| Random fact: It usually takes up to an hour for election results to generate. During this time, the "Next Election" date is put forward a month, which is confusing. Do not worry! In a short time, the election result will generate and the "Next Election" date will then correct itself. |
| Random quote: "There are many men of principle in both parties in America, but there is no party of principle." - Alexis de Tocqueville |