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Bill: Tax Code Readjustment Proposal
Details
Submitted by[?]: Sekouo Kaikaku-tō
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 3855
Description[?]:
| This proposal will see the simplification of the tax code and tax cuts for low income earners and tax increases for high income earners by lowering the thresholds for the high tax bands. A leap towards greater economic equality. Taro Sato Treasury Minister |
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 |
| > 5,000 SEK | 12% | 19,166,000,000 SEK |
| > 12,000 SEK | 19% | 21,204,000,000 SEK |
| > 20,000 SEK | 27% | 19,467,000,000 SEK |
| > 27,000 SEK | 35% | 23,571,000,000 SEK |
| > 35,000 SEK | 42% | 26,108,000,000 SEK |
| > 50,000 SEK | 49% | 20,868,000,000 SEK | Total | 130,384,000,000 SEK |
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: You can inactivate yourself on your User Page. You will then lose all your seats but your party account won't be deleted, and your party's Visibility ratings will not diminish. Reactivation can be requested in the "Reactivation Requests" thread in the Game Moderation section of the Particracy Forum. |
| Random quote: "Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting that vote." - Unknown |