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Bill: Income tax proposal of November 3923
Details
Submitted by[?]: Nuuveile Alianzse Cauznhislhe-Libaizrale
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: July 3924
Description[?]:
| The New Liberal communist Alliance propose to adjust the government's income tax policy to better address the economic situation of the República Federal de Baltusia. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 15
Current: 0
Proposed: 0
Article 2
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 3
Current: 0
Proposed: 0
Article 3
Proposal[?] to change Sales tax on luxury goods.
Old value:: 24
Current: 0
Proposed: 0
Article 4
Proposal[?] to change The banking system.
Old value:: The government operates a central bank and all other banks are private.
Current: All banks are privately owned.
Proposed: The government operates and owns all banks.
Article 5
Proposal[?] to change Policy on incest.
Old value:: Incestuous acts are illegal.
Current: Incestuous acts are legal, but incestuous marriages are not legally recognised.
Proposed: Incestuous acts are legal and incestuous marriages are legally recognised.
Article 6
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 | 25% | 132,223,000,000 BLD |
| > 9,000 BLD | 27% | 142,817,000,000 BLD |
| > 18,000 BLD | 29% | 144,752,000,000 BLD |
| > 27,000 BLD | 31% | 117,081,000,000 BLD |
| > 36,000 BLD | 33% | 94,926,000,000 BLD |
| > 45,000 BLD | 35% | 75,090,000,000 BLD |
| > 54,000 BLD | 38% | 62,567,000,000 BLD |
| > 63,000 BLD | 41% | 45,652,000,000 BLD |
| > 72,000 BLD | 44% | 30,491,000,000 BLD |
| > 81,000 BLD | 47% | 21,765,000,000 BLD |
| > 90,000 BLD | 50% | 14,457,000,000 BLD |
| > 99,000 BLD | 54% | 8,621,000,000 BLD |
| > 108,000 BLD | 58% | 3,145,000,000 BLD |
| > 117,000 BLD | 62% | 3,356,000,000 BLD |
| > 126,000 BLD | 66% | 3,573,000,000 BLD |
| > 135,000 BLD | 70% | 3,789,000,000 BLD |
| > 144,000 BLD | 74% | 4,006,000,000 BLD |
| > 153,000 BLD | 78% | 4,222,000,000 BLD |
| > 162,000 BLD | 82% | 4,439,000,000 BLD |
| > 171,000 BLD | 88% | 4,764,000,000 BLD |
| > 180,000 BLD | 95% | 2,652,000,000 BLD | Total | 924,388,000,000 BLD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes | Total Seats: 104 | |
| no | Total Seats: 0 | |
| abstain |
Total Seats: 69 |
| Random fact: Submitting a bill without any proposals in it will not attract or detract voters. It will not raise your visibility or change your political position. |
| Random quote: "The test of courage comes when we are in the minority. The test of tolerance comes when we are in the majority." - Ralph W. Sockman |