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Bill: Income tax proposal of January 3442
Details
Submitted by[?]: Reform Party of Aldegar
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: September 3442
Description[?]:
| Rolling back socialist madness - top rate down to 40% as before. |
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 |
| > 1,000 ACR | 4% | 4,486,000,000 ACR |
| > 3,000 ACR | 8% | 7,145,000,000 ACR |
| > 5,000 ACR | 12% | 6,913,000,000 ACR |
| > 7,000 ACR | 16% | 5,761,000,000 ACR |
| > 9,000 ACR | 20% | 4,820,000,000 ACR |
| > 11,000 ACR | 24% | 2,914,000,000 ACR |
| > 13,000 ACR | 28% | 2,721,000,000 ACR |
| > 15,000 ACR | 32% | 1,931,000,000 ACR |
| > 17,000 ACR | 36% | 858,000,000 ACR |
| > 19,000 ACR | 40% | 393,000,000 ACR | Total | 37,942,000,000 ACR |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||
| yes | Total Seats: 104 | ||
| no | Total Seats: 0 | ||
| abstain | Total Seats: 71 |
| 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: "No man can outrun a bullet." - Idi Amin |