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Bill: Company Income tax proposal of March 3097
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 3097
Description[?]:
| The Imperial East Terra Company propose to adjust the government's income tax policy to better address the economic situation of the The Republic of 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 |
| > 30,000 GAD | 10% | 115,971,000,000 GAD |
| > 50,000 GAD | 25% | 722,238,000,000 GAD |
| > 100,000 GAD | 35% | 2,251,933,000,000 GAD | Total | 3,090,142,000,000 GAD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes | Total Seats: 346 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
| Random fact: Terra, the fictional world in which Particracy is set, consists of 8 continents: Artania, Dovani, Keris, Makon, Majatra, Seleya, Temania and Vascania. |
| Random quote: "We are told that this is an odious and unpopular tax. I never knew a tax that was not odious and unpopular with the people who paid it." - John Sherman |