We are working on a brand new version of the game! If you want to stay informed, read our blog and register for our mailing list.
Bill: Income tax proposal of May 3419
Details
Submitted by[?]: Izquierda Democrática
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: January 3420
Description[?]:
| The Izquierda Democrática 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 |
| > 25,000 BLD | 15% | 133,602,000,000 BLD |
| > 50,000 BLD | 25% | 98,545,000,000 BLD |
| > 75,000 BLD | 35% | 41,702,000,000 BLD |
| > 100,000 BLD | 45% | 10,961,000,000 BLD |
| > 125,000 BLD | 55% | 8,277,000,000 BLD |
| > 150,000 BLD | 65% | 9,782,000,000 BLD |
| > 175,000 BLD | 75% | 4,353,000,000 BLD | Total | 307,222,000,000 BLD |
Debate
These messages have been posted to debate on this bill:
| Date | 23:45:08, December 31, 2012 CET | From | Frente Popular Revolucionario | To | Debating the Income tax proposal of May 3419 |
| Message | We mostly agree, although the taxes of low income rates (> 25,000 BLD) are too great. |
subscribe to this discussion - unsubscribe
Voting
| Vote | Seats | ||
| yes | Total Seats: 700 | ||
| no | Total Seats: 0 | ||
| abstain | Total Seats: 0 |
| Random fact: If your "Bills under debate" section is cluttered up with old bills created by inactive parties, report them for deletion on the Bill Clearouts Requests thread: http://forum.particracy.net/viewtopic.php?f=11&t=4363 |
| Random quote: "In all recorded history there has not been one economist who has had to worry about where the next meal would come from." - Peter Drucker |