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Bill: Income tax proposal of May 3540
Details
Submitted by[?]: National Social Democrats
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 3541
Description[?]:
| The Libertarian Nationalist Party propose to adjust the government's income tax policy to better address the economic situation of the República de 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 |
| > 8,000 BLD | 5% | 23,522,000,000 BLD |
| > 16,000 BLD | 10% | 84,229,000,000 BLD |
| > 32,000 BLD | 15% | 124,953,000,000 BLD |
| > 64,000 BLD | 20% | 46,929,000,000 BLD |
| > 96,000 BLD | 25% | 8,916,000,000 BLD |
| > 128,000 BLD | 30% | 5,778,000,000 BLD |
| > 160,000 BLD | 35% | 5,191,000,000 BLD | Total | 299,518,000,000 BLD |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |
| yes | Total Seats: 75 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
| Random fact: Periodically, it is a good idea to go through your nation's Treaties and arrange to withdraw from any that are unwanted. |
| Random quote: "A claim for equality of material position can be met only by a government with totalitarian powers." - Friedrich Hayek |