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Bill: Income tax proposal of November 3848
Details
Submitted by[?]: Selsele -ye Hirini
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: July 3849
Description[?]:
| The Selsele -ye Hirini propose to adjust the government's income tax policy to better address the economic situation of the Aldegarian People's Socialist Republic. |
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 |
| > 1,000 ACR | 15% | 12,584,000,000 ACR |
| > 2,500 ACR | 21% | 20,737,000,000 ACR |
| > 4,500 ACR | 27% | 17,123,000,000 ACR |
| > 6,500 ACR | 32% | 15,437,000,000 ACR |
| > 9,000 ACR | 38% | 20,980,000,000 ACR | Total | 86,861,000,000 ACR |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||
| yes |
Total Seats: 315 | ||
| no | Total Seats: 0 | ||
| abstain | Total Seats: 310 |
| Random fact: Selucia is Particracy's modern take on Ancient Rome, located on the continent of Majatra. |
| Random quote: "Entrepreneurs are simply those who understand that there is little difference between obstacle and opportunity and are able to turn both to their advantage." - Niccolo Machiavelli |