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Bill: Income tax proposal of September 3132
Details
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: May 3133
Description[?]:
| A flat tax rate rise is what must be done in order to help stabilize our economy, we must encourage investment in order for our GDP to grow; in the future we can lower the tax rate again, but for now; sacrifices must be made in order to better the future of the United Republics. |
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 |
| > 1 LOD | 35% | 101,089,000,000 LOD | Total | 101,089,000,000 LOD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes |
Total Seats: 93 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 82 |
| 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: "Congress is like diapers; it should be changed regularly as it gets full of the same thing." - Seen on a bumper sticker |