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Bill: Income tax proposal of March 3808
Details
Submitted by[?]: Government of Tropica
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: November 3808
Description[?]:
| The Aliansia Daushx Fharzlhix Caunhunislhex propose to adjust the government's income tax policy to better address the economic situation of the República de Baltusia. |
Proposals
Article 1
Proposal[?] to change Sales tax on luxury goods.
Old value:: 14
Current: 0
Proposed: 0
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 |
| > 1 BLD | 30% | 158,462,000,000 BLD |
| > 9,000 BLD | 32% | 169,045,000,000 BLD |
| > 18,000 BLD | 34% | 169,487,000,000 BLD |
| > 27,000 BLD | 36% | 135,772,000,000 BLD |
| > 36,000 BLD | 38% | 109,151,000,000 BLD |
| > 45,000 BLD | 40% | 85,680,000,000 BLD |
| > 54,000 BLD | 42% | 69,047,000,000 BLD |
| > 63,000 BLD | 44% | 48,911,000,000 BLD |
| > 72,000 BLD | 46% | 31,830,000,000 BLD |
| > 81,000 BLD | 48% | 22,198,000,000 BLD |
| > 90,000 BLD | 50% | 14,423,000,000 BLD |
| > 99,000 BLD | 54% | 8,575,000,000 BLD |
| > 108,000 BLD | 58% | 3,122,000,000 BLD |
| > 117,000 BLD | 62% | 3,331,000,000 BLD |
| > 126,000 BLD | 66% | 3,546,000,000 BLD |
| > 135,000 BLD | 70% | 3,761,000,000 BLD |
| > 144,000 BLD | 75% | 4,030,000,000 BLD |
| > 153,000 BLD | 80% | 4,298,000,000 BLD |
| > 162,000 BLD | 86% | 4,621,000,000 BLD |
| > 171,000 BLD | 92% | 4,943,000,000 BLD |
| > 180,000 BLD | 99% | 2,743,000,000 BLD | Total | 1,056,976,000,000 BLD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes |
Total Seats: 500 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
| Random fact: Particracy does not allow role-play that seems to belong to the world of fantasy, science fiction and futuristic speculation. |
| Random quote: "An independent is someone who wants to take the politics out of politics." - Adlai Stevenson |