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Bill: Income tax proposal of May 3627
Details
Submitted by[?]: Partido Comunista 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: August 3628
Description[?]:
| The Santo Partido Inquisición propose to adjust the government's income tax policy to better address the economic situation of the Reino 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 |
| > 5,000 BLD | 5% | 11,747,000,000 BLD |
| > 9,000 BLD | 10% | 57,856,000,000 BLD |
| > 18,850 BLD | 15% | 52,176,000,000 BLD |
| > 25,000 BLD | 17% | 75,183,000,000 BLD |
| > 35,000 BLD | 19% | 106,183,000,000 BLD |
| > 55,000 BLD | 22% | 46,621,000,000 BLD |
| > 68,235 BLD | 25% | 26,428,000,000 BLD |
| > 80,000 BLD | 27% | 33,093,000,000 BLD |
| > 150,000 BLD | 29% | 6,000,000,000 BLD | Total | 415,287,000,000 BLD |
Debate
These messages have been posted to debate on this bill:
| Date | 15:28:03, February 24, 2014 CET | From | Partido Comunista De Baltusia | To | Debating the Income tax proposal of May 3627 |
| Message | Do you agree? We can work this out :) I will also propose a spending bill. |
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Voting
| Vote | Seats | |
| yes | Total Seats: 120 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
| Random fact: Make sure your nation casts its nominations in Particracy's very own Security Council elections! For more information, see http://forum.particracy.net/viewtopic.php?f=26&t=8453 |
| Random quote: "Our enemies are innovative and resourceful and so are we. They never stop thinking about new ways to harm our country and our people and neither do we." - George W. Bush |