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Bill: Income tax proposal of August 2159
Details
Submitted by[?]: National Farmers' 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: April 2160
Description[?]:
| The National Farmers' Party propose to adjust the government's income tax policy to better address the economic situation of the Union of Quanzari Soviets. |
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 LIS | 15% | 42,781,000,000 LIS |
| > 5,000 LIS | 25% | 83,077,000,000 LIS | Total | 125,858,000,000 LIS |
Debate
These messages have been posted to debate on this bill:
| Date | 12:37:55, December 22, 2005 CET | From | National Farmers' Party | To | Debating the Income tax proposal of August 2159 |
| Message | Flat tax is fair tax which provides incentives to work hard. |
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Voting
| Vote | Seats | |||||
| yes |
Total Seats: 434 | |||||
| no | Total Seats: 0 | |||||
| abstain |
Total Seats: 316 |
| Random fact: Once approved, players should copy Cultural Protocols into a bill in the debate section of their nation page, under the title of "OOC: Cultural Protocols". This bill should include links to the passed Cultural Protocol bill and the Moderation approval. |
| Random quote: "Fascism is a religion. The twentieth century will be known in history as the century of fascism." - Benito Mussolini |