We are working on a brand new version of the game! If you want to stay informed, read our blog and register for our mailing list.
Bill: Income tax proposal of February 3603
Details
Submitted by[?]: Partido Monárquico de Baltusia
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 3604
Description[?]:
| The Partido Monárquico de Baltusia propose to adjust the government's income tax policy to better address the economic situation of the República Democrática de Baltusia. This nation is in a state of economic disrepair and on the verge of an economic collapse due to the ignorance and neglect of the Democratic Republic. This new system will not only provide for a more substantial income to better exercise the internationalist and reformist policies of the new government, but will place the majority of the tax burden not on the poor, but on the middle class and fairly distributes the tax burden amongst the people while leaving each individual with a more than ample income. Also, expansion of the tax system provides an already infrastructure to expand the capabilities of the Finance Ministry and set a lasting precedent for taxes in this nation. We welcome debate and opinions. -Eusebio Olmos, Royal Minister of Finance |
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 |
| > 9,000 BLD | 10% | 57,906,000,000 BLD |
| > 18,850 BLD | 15% | 52,220,000,000 BLD |
| > 25,000 BLD | 17% | 75,247,000,000 BLD |
| > 35,000 BLD | 19% | 106,278,000,000 BLD |
| > 55,000 BLD | 22% | 46,663,000,000 BLD |
| > 68,235 BLD | 25% | 26,453,000,000 BLD |
| > 80,000 BLD | 27% | 33,145,000,000 BLD |
| > 150,000 BLD | 29% | 6,019,000,000 BLD | Total | 403,931,000,000 BLD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes | Total Seats: 81 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
| Random fact: Particracy is completely free! If you want to support the game financially, feel free to make a small donation to the lievenswouter@gmail.com Paypal account. |
| Random quote: "Democracy is in peril." - Ralph Nader (referring to turnout in the 1996 US presidential election) |