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Bill: Income tax proposal of January 3408
Details
Submitted by[?]: Freedom 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: July 3409
Description[?]:
| The Freedom Party propose to adjust the government's income tax policy to better address the economic situation of the Republic of Endralon. We desire a tax cut but only if it is paid for first, no santa claus economics. |
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 |
| > 3,500 END | 15% | 28,895,000,000 END |
| > 7,000 END | 25% | 45,114,000,000 END |
| > 14,000 END | 35% | 39,746,000,000 END | Total | 113,755,000,000 END |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |||
| yes |
Total Seats: 451 | |||
| no |
Total Seats: 125 | |||
| abstain | Total Seats: 25 |
| 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: "If we cannot, by reason, by influence, by example, by strenuous effort, and by personal sacrifice, mend the bad places of civilization, we certainly cannot do it by force." - Auberon Herbert |