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Bill: Income tax proposal of June 3726
Details
Submitted by[?]: Government of Tropica
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: March 3727
Description[?]:
| The Dark-Light Liberal Communist Party propose to adjust the government's income tax policy to better address the economic situation of the Democratic Worker's Kingdom of Baltusia. tax Bracket by Yugi Zalas |
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 | 11% | 6,455,000,000 BLD |
| > 1,000 BLD | 13% | 8,400,000,000 BLD |
| > 2,100 BLD | 15% | 10,573,000,000 BLD |
| > 3,300 BLD | 17% | 12,982,000,000 BLD |
| > 4,600 BLD | 19% | 15,625,000,000 BLD |
| > 6,000 BLD | 21% | 18,503,000,000 BLD |
| > 7,500 BLD | 23% | 21,616,000,000 BLD |
| > 9,100 BLD | 25% | 24,964,000,000 BLD |
| > 10,800 BLD | 27% | 28,548,000,000 BLD |
| > 12,600 BLD | 29% | 32,366,000,000 BLD |
| > 14,500 BLD | 31% | 36,419,000,000 BLD |
| > 16,500 BLD | 33% | 40,707,000,000 BLD |
| > 18,600 BLD | 35% | 45,230,000,000 BLD |
| > 20,800 BLD | 37% | 48,189,000,000 BLD |
| > 23,100 BLD | 39% | 50,364,000,000 BLD |
| > 25,500 BLD | 41% | 51,006,000,000 BLD |
| > 28,000 BLD | 43% | 50,642,000,000 BLD |
| > 30,600 BLD | 45% | 49,386,000,000 BLD |
| > 33,300 BLD | 47% | 31,950,000,000 BLD |
| > 35,100 BLD | 49% | 49,989,000,000 BLD |
| > 38,000 BLD | 51% | 50,241,000,000 BLD |
| > 41,000 BLD | 53% | 50,181,000,000 BLD |
| > 44,100 BLD | 55% | 45,637,000,000 BLD |
| > 47,300 BLD | 57% | 45,340,000,000 BLD |
| > 50,600 BLD | 59% | 45,184,000,000 BLD |
| > 54,000 BLD | 61% | 43,421,000,000 BLD |
| > 57,500 BLD | 63% | 40,819,000,000 BLD |
| > 61,100 BLD | 65% | 34,392,000,000 BLD |
| > 64,800 BLD | 67% | 32,309,000,000 BLD |
| > 68,600 BLD | 69% | 29,941,000,000 BLD |
| > 72,500 BLD | 71% | 24,806,000,000 BLD |
| > 76,500 BLD | 73% | 19,668,000,000 BLD |
| > 80,600 BLD | 75% | 18,985,000,000 BLD |
| > 84,800 BLD | 77% | 15,265,000,000 BLD |
| > 89,100 BLD | 79% | 13,825,000,000 BLD |
| > 93,500 BLD | 81% | 11,257,000,000 BLD |
| > 98,500 BLD | 83% | 9,942,000,000 BLD |
| > 105,000 BLD | 85% | 6,871,000,000 BLD |
| > 113,000 BLD | 87% | 4,156,000,000 BLD |
| > 121,000 BLD | 89% | 4,783,000,000 BLD |
| > 130,000 BLD | 91% | 5,434,000,000 BLD |
| > 140,000 BLD | 93% | 6,108,000,000 BLD |
| > 151,000 BLD | 95% | 7,374,000,000 BLD |
| > 164,000 BLD | 97% | 9,267,000,000 BLD |
| > 180,000 BLD | 99% | 2,743,000,000 BLD | Total | 1,211,863,000,000 BLD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||
| yes | Total Seats: 0 | ||
| no |
Total Seats: 750 | ||
| abstain | Total Seats: 0 |
| Random fact: By default the head of government is the ultimate authority within a national government. In general terms, heads of government are expected to consult with cabinet colleagues (including those from other parties) before making significant decisions but they remain responsible for government action. |
| Random quote: "A theory that seems to explain everything is just as good at explaining nothing"- Christopher Hitchens |