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Bill: Income tax proposal of September 3498
Details
Submitted by[?]: People's Representative 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: May 3499
Description[?]:
| The People's Representative Party propose to adjust the government's income tax policy to better address the economic situation of the Republic of Cobura. |
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 |
| > 6,000 COB | 12% | 17,052,000,000 COB |
| > 10,000 COB | 30% | 23,059,000,000 COB |
| > 15,000 COB | 40% | 16,237,000,000 COB |
| > 25,000 COB | 60% | 2,257,000,000 COB |
| > 30,000 COB | 90% | 3,323,000,000 COB | Total | 61,928,000,000 COB |
Debate
These messages have been posted to debate on this bill:
| Date | 03:34:01, June 11, 2013 CET | From |  People's Representative Party | To | Debating the Income tax proposal of September 3498 |
| Message | Again,to help pay for the war. |
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Voting
| Vote | Seats | |||||
| yes | Total Seats: 278 | |||||
| no | Total Seats: 0 | |||||
| abstain |
Total Seats: 222 |
| Random fact: The Real-Life Equivalents Index is a valuable resource for finding out the in-game equivalents of real-life cultures, languages, religions, people and places: http://forum.particracy.net/viewtopic.php?f=11&t=6731 |
| Random quote: "Apparently, a democracy is a place where numerous elections are held at great cost without issues and with interchangeable candidates." - Gore Vidal |