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Bill: Income tax proposal of January 3706
Details
Submitted by[?]: People's Populist Party
Status[?]: defeated
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: May 3710
Description[?]:
The People's Populist Party propose to adjust the government's income tax policy to better address the economic situation of the Republica Obrera de Baltusia (Workers' Republic of 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 |
> 1 BLD | 5% | 29,377,000,000 BLD |
> 10,000 BLD | 17% | 99,893,000,000 BLD |
> 20,000 BLD | 22% | 83,936,000,000 BLD |
> 27,000 BLD | 30% | 154,182,000,000 BLD |
> 40,000 BLD | 36% | 139,216,000,000 BLD |
> 55,000 BLD | 45% | 104,812,000,000 BLD |
> 70,000 BLD | 47% | 64,727,000,000 BLD |
> 90,000 BLD | 58% | 33,706,000,000 BLD |
> 130,000 BLD | 62% | 7,457,000,000 BLD |
> 150,000 BLD | 65% | 9,772,000,000 BLD |
> 175,000 BLD | 70% | 4,058,000,000 BLD | Total | 731,136,000,000 BLD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |||
yes | Total Seats: 56 | |||
no | Total Seats: 0 | |||
abstain |
Total Seats: 694 |
Random fact: "Kubrk" is a Jelbic word that has the colloquial meaning "old man" or "geezer". |
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