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Bill: Budget Reform I
Details
Submitted by[?]: Baltusia Partido Conservador
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: November 3768
Description[?]:
| The Baltusia Partido Conservador propose to adjust the government's income tax policy to better address the economic situation of the Commonwealth of Baltusia. We are changing the income tax to something more fair. This will also allow us to increase spending and cut taxes. |
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 |
| > 100 BLD | 8% | 93,639,000,000 BLD |
| > 20,000 BLD | 18% | 94,217,000,000 BLD |
| > 30,000 BLD | 28% | 104,365,000,000 BLD |
| > 40,000 BLD | 38% | 183,730,000,000 BLD |
| > 60,000 BLD | 48% | 106,308,000,000 BLD |
| > 80,000 BLD | 58% | 60,834,000,000 BLD |
| > 120,000 BLD | 68% | 26,460,000,000 BLD | Total | 669,553,000,000 BLD |
Debate
These messages have been posted to debate on this bill:
| Date | 16:49:24, December 04, 2014 CET | From | Partido Justicialista | To | Debating the Budget Reform I |
| Message | Mr. Speaker, Taxing people who earns less than 100 Baltusian Dollars seems rather harsh to us. We will not vote "yes" until it is decreased. Lisandro Mata PJ Leader |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 189 | |||
| no |
Total Seats: 178 | |||
| abstain |
Total Seats: 68 |
| Random fact: The influence a bill has on elections decreases over time, until it eventually is no longer relevant. This can explain shifts in your party's position to the electorate and your visibility. |
| Random quote: "People say I steal. Well, all politicians steal." - Huey Long |