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Bill: Income tax proposal of November 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: July 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 | 2% | 9,391,000,000 BLD |
| > 16,000 BLD | 6% | 50,443,000,000 BLD |
| > 32,000 BLD | 12% | 99,776,000,000 BLD |
| > 64,000 BLD | 18% | 42,158,000,000 BLD |
| > 96,000 BLD | 24% | 8,530,000,000 BLD |
| > 128,000 BLD | 28% | 5,373,000,000 BLD |
| > 160,000 BLD | 32% | 4,728,000,000 BLD | Total | 220,399,000,000 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: It usually takes up to an hour for election results to generate. During this time, the "Next Election" date is put forward a month, which is confusing. Do not worry! In a short time, the election result will generate and the "Next Election" date will then correct itself. |
| Random quote: "If you have an apple, and I have an apple, and we exchange the apples, then you and I will still each have one apple. But if you have an idea, and I have an idea, and we exchange these ideas, then each of us will have two ideas." - George Bernard Shaw |