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Bill: Income tax proposal of November 3683
Details
Submitted by[?]: The Red 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 not pass any sooner than the deadline.
Voting deadline: July 3684
Description[?]:
| The The Red Party propose to adjust the government's income tax policy to better address the economic situation of the The Democratic Union of Endralon Collectives. |
Proposals
Article 1
Proposal[?] to change Sales tax on luxury goods.
Old value:: 25
Current: 27
Proposed: 15
Article 2
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 |
| > 7,500 END | 10% | 13,681,000,000 END |
| > 12,500 END | 20% | 12,528,000,000 END |
| > 17,500 END | 30% | 6,681,000,000 END |
| > 20,000 END | 40% | 6,422,000,000 END |
| > 22,500 END | 50% | 4,663,000,000 END |
| > 25,000 END | 60% | 5,274,000,000 END |
| > 27,500 END | 70% | 11,326,000,000 END | Total | 60,575,000,000 END |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes |
Total Seats: 750 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
| Random fact: Real-life religions should not be referenced in Particracy. Terra has its own religions, many of which mirror real-life ones. See: http://particracy.wikia.com/wiki/Illustrated_Catalogue_of_Religion |
| Random quote: "The smallest minority on earth is the individual. Those who deny individual rights cannot claim to defend minorities." - Ayn Rand |