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Bill: Income tax proposal of September 3314
Details
Submitted by[?]: Center League
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 3315
Description[?]:
| The Center League propose to adjust the government's income tax policy to better address the economic situation of the Republica 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 |
| > 10,000 BLD | 10% | 175,547,000,000 BLD |
| > 50,000 BLD | 25% | 98,281,000,000 BLD |
| > 75,000 BLD | 35% | 41,606,000,000 BLD |
| > 100,000 BLD | 45% | 17,657,000,000 BLD |
| > 150,000 BLD | 55% | 11,424,000,000 BLD | Total | 344,515,000,000 BLD |
Debate
These messages have been posted to debate on this bill:
| Date | 13:02:18, June 05, 2012 CET | From | Center League | To | Debating the Income tax proposal of September 3314 |
| Message | Excessively high taxes have crippled the economy. Potential investors are afraid, capital is fleeing to our tax-friendly neighbors, and the people are struggling to support a bloated bureaucracy. |
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Voting
| Vote | Seats | ||
| yes |
Total Seats: 224 | ||
| no | Total Seats: 58 | ||
| abstain |
Total Seats: 118 |
| Random fact: Players who consent to a particular role-play by acknowledging it in their own role-play cannot then disown it or withdraw their consent from it. For example, if player A role-plays the assassination of player B's character, and player B then acknowledges the assassination in a news post, but then backtracks and insists the assassination did not happen, then he will be required under the rules to accept the validity of the assassination role-play. |
| Random quote: "The trouble with communism is the communists, just as the trouble with Christianity is the Christians" - Henry Louis Mencken |