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Bill: Income tax proposal of October 3121
Details
Submitted by[?]: Quanzar Nationalist 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: December 3122
Description[?]:
| The Quanzar Nationalist Party propose to adjust the government's income tax policy to better address the economic situation of the Kingdom of Quanzar. |
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 |
| > 6,000 LIS | 10% | 9,752,000,000 LIS |
| > 8,500 LIS | 25% | 29,063,000,000 LIS |
| > 15,000 LIS | 28% | 10,673,000,000 LIS |
| > 20,000 LIS | 30% | 8,825,000,000 LIS |
| > 30,000 LIS | 35% | 566,000,000 LIS | Total | 58,879,000,000 LIS |
Debate
These messages have been posted to debate on this bill:
| Date | 19:05:19, May 16, 2011 CET | From | Quanzar Nationalist Party | To | Debating the Income tax proposal of October 3121 |
| Message | We propose a new tax system that can generate an extra 4,000,000,000 by creating more staggered levels of taxation. |
| Date | 23:03:23, May 16, 2011 CET | From | Liberal Movement for Revolution | To | Debating the Income tax proposal of October 3121 |
| Message | We will discuss the taxes after the proposal on budget passes. |
| Date | 18:37:54, May 17, 2011 CET | From | Liberal Movement for Revolution | To | Debating the Income tax proposal of October 3121 |
| Message | We will support this bill. |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 199 | ||||
| no | Total Seats: 0 | ||||
| abstain | Total Seats: 0 |
| Random fact: Players must never be asked for their Particracy password. This includes Moderation; a genuine Moderator will never ask for your password. |
| Random quote: "The avoidance of taxes is the only intellectual pursuit that still carries any reward." - John Maynard Keynes |