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 May 3101
Details
Submitted by[?]: Unión Democrática
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: June 3102
Description[?]:
The Commonwealth Party 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 | 15% | 78,476,000,000 BLD |
> 30,000 BLD | 25% | 93,137,000,000 BLD |
> 40,000 BLD | 30% | 82,516,000,000 BLD |
> 50,000 BLD | 35% | 72,885,000,000 BLD |
> 60,000 BLD | 40% | 54,573,000,000 BLD |
> 70,000 BLD | 55% | 27,157,000,000 BLD |
> 75,000 BLD | 58% | 20,644,000,000 BLD |
> 80,000 BLD | 60% | 31,660,000,000 BLD |
> 90,000 BLD | 65% | 20,002,000,000 BLD |
> 100,000 BLD | 68% | 26,771,000,000 BLD |
> 150,000 BLD | 70% | 14,581,000,000 BLD | Total | 522,402,000,000 BLD |
Debate
These messages have been posted to debate on this bill:
Date | 20:52:34, April 05, 2011 CET | From | Unión Democrática | To | Debating the Income tax proposal of May 3101 |
Message | The nation is currently running an enormous deficit, over one trillion dollars, and it is imperative for us to raise taxes and trim the budget. -Timothy Carr Minister of Finace |
subscribe to this discussion - unsubscribe
Voting
Vote | Seats | ||
yes |
Total Seats: 245 | ||
no | Total Seats: 0 | ||
abstain | Total Seats: 155 |
Random fact: Before choosing a nation, you may wish to research it first. For more information on the cultural backgrounds of the nations, please see the Cultural Protocols Index: http://forum.particracy.net/viewtopic.php?f=11&t=6365 |
Random quote: "A prince never lacks legitimate reasons to break his promise." - Niccolo Machiavelli |