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Bill: Income tax proposal of October 3070
Details
Submitted by[?]: National Imperialist Party
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: August 3071
Description[?]:
The National Imperialists propose to adjust the government's income tax policy to better address the economic situation of the Diktátoria of Kalopia. |
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 WAN | 40% | 115,150,000,000 WAN |
> 10,000 WAN | 45% | 129,544,000,000 WAN |
> 15,000 WAN | 50% | 143,937,000,000 WAN |
> 20,000 WAN | 55% | 158,331,000,000 WAN |
> 25,000 WAN | 60% | 725,255,000,000 WAN |
> 50,000 WAN | 70% | 1,169,592,000,000 WAN | Total | 2,441,809,000,000 WAN |
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: The majority of nations in Particracy are "Culturally Protected" with an established cultural background. Only the "Culturally Open" nations are not bound by the rules surrounding culture. The Cultural Protocols Index should be consulted for more information about the cultural situation of each nation. |
Random quote: "Depressions and mass unemployment are not caused by the free market but by government interference in the economy." - Ludwig von Mises |