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Bill: Modificación del impuesto sobre la renta [3840] Income tax proposal
Details
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: October 3840
Description[?]:
| The old taxation system was appropiate for a communist state. That's the current chart of income taxes: (if you don't believe me, click on the link below the description) > 1 BLD 30% 158,620,656,000 BLD > 9,000 BLD 32% 169,214,167,960 BLD > 18,000 BLD 34% 169,633,003,499 BLD > 27,000 BLD 36% 135,894,704,596 BLD > 36,000 BLD 38% 109,233,885,549 BLD > 45,000 BLD 40% 85,748,558,826 BLD > 54,000 BLD 42% 69,075,690,278 BLD > 63,000 BLD 44% 48,932,509,338 BLD > 72,000 BLD 46% 31,850,445,738 BLD > 81,000 BLD 48% 22,206,366,161 BLD > 90,000 BLD 50% 14,427,446,906 BLD > 99,000 BLD 54% 8,601,698,388 BLD > 108,000 BLD 58% 3,141,246,015 BLD > 117,000 BLD 62% 3,351,924,694 BLD > 126,000 BLD 66% 3,568,177,901 BLD > 135,000 BLD 70% 3,784,431,107 BLD > 144,000 BLD 75% 4,054,747,614 BLD > 153,000 BLD 80% 4,325,064,122 BLD > 162,000 BLD 86% 4,649,443,931 BLD > 171,000 BLD 92% 4,973,823,740 BLD > 180,000 BLD 99% 2,759,985,606 BLD Total 1,058,047,977,969 BLD Fortunately, we don't want a communist state in Baltusia. We want a free economy. And to make our economy progress, we'll set up equilibrated brackets, with 20 steps of 2%. The 3839 Baltusian GDP per capita was 25,000$: - Those who earn less than the 10% of the GDP per capita, i.e. 2500 $, won't pay income taxes. - Those who earn around the GDP per capita, i.e. 25000 $, will pay the average income taxes (20%) - Those who earn the most (more than 6.5 times the GDP per capita, i.e. 162500 $, will pay the most taxes (40%) Unlike in the previous system, we won't complicate the lives of those who earn 1$ with 30% of taxes, and we won't punish those who succeed with 99% taxes, condemning them to go abroad. We will appreciate the common sense of Baltusia Primero's representatives if they vote yes to this proposal. We think that they don't want a communist budget either. We are also proposing a proportional budget with a proporcional reduction of the expenses in non-vital areas. |
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 |
| > 2,500 BLD | 2% | 2,939,000,000 BLD |
| > 5,000 BLD | 4% | 5,877,000,000 BLD |
| > 7,500 BLD | 6% | 8,816,000,000 BLD |
| > 10,000 BLD | 8% | 11,755,000,000 BLD |
| > 12,500 BLD | 10% | 14,694,000,000 BLD |
| > 15,000 BLD | 12% | 17,632,000,000 BLD |
| > 17,500 BLD | 14% | 20,571,000,000 BLD |
| > 20,000 BLD | 16% | 23,007,000,000 BLD |
| > 22,500 BLD | 18% | 24,599,000,000 BLD |
| > 25,000 BLD | 20% | 30,101,000,000 BLD |
| > 28,000 BLD | 22% | 38,685,000,000 BLD |
| > 32,000 BLD | 24% | 49,173,000,000 BLD |
| > 37,500 BLD | 26% | 77,570,000,000 BLD |
| > 47,500 BLD | 28% | 75,208,000,000 BLD |
| > 60,000 BLD | 30% | 55,701,000,000 BLD |
| > 75,000 BLD | 32% | 31,541,000,000 BLD |
| > 92,500 BLD | 34% | 13,187,000,000 BLD |
| > 115,000 BLD | 36% | 4,866,000,000 BLD |
| > 137,500 BLD | 38% | 5,707,000,000 BLD |
| > 162,500 BLD | 40% | 5,321,000,000 BLD | Total | 516,950,000,000 BLD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes |
Total Seats: 133 | |
| no | Total Seats: 0 | |
| abstain |
Total Seats: 104 |
| Random fact: Terra, the fictional world in which Particracy is set, consists of 8 continents: Artania, Dovani, Keris, Makon, Majatra, Seleya, Temania and Vascania. |
| Random quote: "The packaging for a microwavable 'microwave' dinner is programmed for a shelf life of maybe six months, a cook time of two minutes and a landfill dead-time of centuries." - David Wann |