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Bill: Income tax proposal of June 3492
Details
Submitted by[?]: Socialistiska Forum
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: March 3493
Description[?]:
| This tax proposal will replace the old one with nine rate progressive structure gong from 10% to 80%. we expect an increase in revenue of 19.1 billion TPD. Trond Johansson Chancellor and Finance Minister |
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 |
| > 1,500 TPD | 10% | 5,659,000,000 TPD |
| > 2,500 TPD | 20% | 15,300,000,000 TPD |
| > 4,000 TPD | 28% | 15,304,000,000 TPD |
| > 5,500 TPD | 35% | 9,160,000,000 TPD |
| > 6,700 TPD | 44% | 8,720,000,000 TPD |
| > 8,000 TPD | 53% | 6,668,000,000 TPD |
| > 9,000 TPD | 60% | 6,208,000,000 TPD |
| > 10,000 TPD | 68% | 14,963,000,000 TPD |
| > 15,000 TPD | 80% | 6,387,000,000 TPD | Total | 88,369,000,000 TPD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes |
Total Seats: 356 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 55 |
| Random fact: The players in a nation have a collective responsibility to ensure their "Bills under debate" section is kept in good order. Bills which are irrelevant or have become irrelevant should be deleted. Deletion can be requested for bills proposed by inactive parties on the Bill Clearout Requests thread: http://forum.particracy.net/viewtopic.php?f=11&t=4363 |
| Random quote: "A prince never lacks legitimate reasons to break his promise." - Niccolo Machiavelli |