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Bill: Income tax proposal of September 3772
Details
Submitted by[?]: Pntek Demokratik Prta
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: May 3773
Description[?]:
The Pntek Demokratik Prta propose to adjust the government's income tax policy to better address the economic situation of the Pnte Krallığı (Kingdom of Pontesi). |
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 |
> 6,000 PON | 5% | 11,515,000,000 PON |
> 10,000 PON | 10% | 57,577,000,000 PON |
> 20,000 PON | 10% | 52,002,000,000 PON |
> 30,000 PON | 10% | 29,565,000,000 PON |
> 40,000 PON | 20% | 41,918,000,000 PON |
> 50,000 PON | 20% | 66,091,000,000 PON |
> 70,000 PON | 30% | 37,050,000,000 PON |
> 80,000 PON | 35% | 32,643,000,000 PON |
> 90,000 PON | 40% | 47,725,000,000 PON |
> 105,000 PON | 45% | 18,393,000,000 PON |
> 115,000 PON | 50% | 7,930,000,000 PON |
> 120,000 PON | 55% | 26,328,000,000 PON |
> 140,000 PON | 60% | 13,034,000,000 PON | Total | 441,771,000,000 PON |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |
yes |
Total Seats: 350 | |
no | Total Seats: 0 | |
abstain | Total Seats: 0 |
Random fact: Periodically, it is a good idea to go through your nation's Treaties and arrange to withdraw from any that are unwanted. |
Random quote: "When there's a single thief, it's robbery. When there are a thousand thieves, it's taxation. " -Vanya Cohen |