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Bill: Income tax proposal of April 3112
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: December 3112
Description[?]:
| The Imperial East Terra Company propose to adjust the government's income tax policy to better address the economic situation of the The Company Protectorate of Gaduridos and Fotheringhay. |
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 |
| > 10,000 GAD | 25% | 232,086,000,000 GAD |
| > 26,000 GAD | 37% | 3,965,862,000,000 GAD | Total | 4,197,948,000,000 GAD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes | Total Seats: 95 | |
| 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: "If man asks for many laws, it is only because he is sure that his neighbor needs them; privately he is an unphilosophical anarchist, and thinks laws in his own case superfluous." - Will Durant |