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Bill: Income tax proposal of May 3166
Details
Submitted by[?]: Social Democratic Legend 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: May 3167
Description[?]:
The Social Democratic Legend 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 | 10% | 52,310,000,000 BLD |
> 30,000 BLD | 15% | 55,879,000,000 BLD |
> 40,000 BLD | 20% | 55,010,000,000 BLD |
> 50,000 BLD | 40% | 83,293,000,000 BLD |
> 60,000 BLD | 55% | 75,041,000,000 BLD |
> 70,000 BLD | 65% | 32,096,000,000 BLD |
> 75,000 BLD | 70% | 24,915,000,000 BLD |
> 80,000 BLD | 76% | 40,100,000,000 BLD |
> 90,000 BLD | 78% | 23,999,000,000 BLD |
> 100,000 BLD | 80% | 31,506,000,000 BLD |
> 150,000 BLD | 85% | 17,711,000,000 BLD | Total | 491,860,000,000 BLD |
Debate
These messages have been posted to debate on this bill:
Date | 23:29:10, August 13, 2011 CET | From | Social Democratic Legend Party | To | Debating the Income tax proposal of May 3166 |
Message | This will increase taxes for the affluent and decrease those for the poor. Everybody must work together and be socially responsible, help each other and share the wealth to create a more equal population. |
Date | 07:49:36, August 14, 2011 CET | From | People's Revolutionary Communist Party | To | Debating the Income tax proposal of May 3166 |
Message | We endorse. |
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Voting
Vote | Seats | ||||
yes |
Total Seats: 228 | ||||
no | Total Seats: 0 | ||||
abstain | Total Seats: 172 |
Random fact: Particracy has been running since 2005. Dorvik was Particracy's first nation, the Dorvik Social Democrats the first party and the International Greens the first Party Organisation. |
Random quote: "Anarchism is not a romantic fable but the hardheaded realization, based on five thousand years of experience, that we cannot entrust the management of our lives to kings, priests, politicians, generals, and county commissioners." - Edward Abbey |