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Bill: Income tax proposal of June 3822
Details
Submitted by[?]: The Democrats
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: February 3823
Description[?]:
| This proposal will ease the burden on the unfortunate of our nation, while simultaneously ensuring that the well-off pay their fair share. It will also generate a larger profit than the one proposed by the Alliance. Should this proposal fail to pass, however, we could support their proposal instead. |
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 |
| > 20,000 GAD | 5% | 231,413,000,000 GAD |
| > 100,000 GAD | 20% | 444,253,000,000 GAD |
| > 150,000 GAD | 30% | 459,892,000,000 GAD |
| > 200,000 GAD | 40% | 585,021,000,000 GAD |
| > 300,000 GAD | 50% | 505,171,000,000 GAD |
| > 500,000 GAD | 60% | 123,635,000,000 GAD | Total | 2,349,385,000,000 GAD |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||
| yes | Total Seats: 104 | ||
| no | Total Seats: 0 | ||
| abstain | Total Seats: 95 |
| Random fact: The Real-Life Equivalents Index is a valuable resource for finding out the in-game equivalents of real-life cultures, languages, religions, people and places: http://forum.particracy.net/viewtopic.php?f=11&t=6731 |
| Random quote: "Whenever the people are well informed, they can be trusted with their own government; that whenever things get so far wrong as to attract their notice, they may be relied on to set them to rights." - Thomas Jefferson |