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Bill: Income tax proposal of June 2998
Details
Submitted by[?]: Social Democratic Party of Baltusia
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: February 2999
Description[?]:
| The Social Democratic Party of Baltusia propose to adjust the government's income tax policy to better address the economic situation of the Republic of Baltusia. |
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 BLD | 10% | 52,294,000,000 BLD |
| > 30,000 BLD | 15% | 55,867,000,000 BLD |
| > 40,000 BLD | 18% | 49,484,000,000 BLD |
| > 50,000 BLD | 20% | 41,610,000,000 BLD |
| > 60,000 BLD | 25% | 34,074,000,000 BLD |
| > 70,000 BLD | 30% | 14,797,000,000 BLD |
| > 75,000 BLD | 35% | 12,455,000,000 BLD |
| > 80,000 BLD | 40% | 21,094,000,000 BLD |
| > 90,000 BLD | 45% | 13,822,000,000 BLD |
| > 100,000 BLD | 47% | 18,477,000,000 BLD |
| > 150,000 BLD | 50% | 10,407,000,000 BLD | Total | 324,381,000,000 BLD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |||
| yes | Total Seats: 381 | |||
| no | Total Seats: 0 | |||
| abstain |
Total Seats: 369 |
| Random fact: Real-life places should not be referenced in Particracy. |
| Random quote: "The only difference between the Republican and Democratic parties is the velocities with which their knees hit the floor when corporations knock on their door. That's the only difference." - Ralph Nader |