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Bill: Income tax proposal of December 3978
Details
Submitted by[?]: Gime-Ṡiddiq Ṡurby (Qildaria Branch)
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: August 3979
Description[?]:
| The Gime-Ṡiddiq Ṡurby (Cildania Branch) propose to adjust the government's income tax policy to better address the economic situation of the Safoṭ Ḣaberit shel Qildar (Federal Republic of Cildania). |
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 CDC | 2% | 286,000,000 CDC |
| > 250 CDC | 5% | 717,000,000 CDC |
| > 500 CDC | 8% | 1,148,000,000 CDC |
| > 750 CDC | 11% | 1,578,000,000 CDC |
| > 1,000 CDC | 14% | 12,051,000,000 CDC |
| > 2,500 CDC | 17% | 24,390,000,000 CDC |
| > 5,000 CDC | 20% | 28,694,000,000 CDC |
| > 7,500 CDC | 23% | 32,998,000,000 CDC |
| > 10,000 CDC | 26% | 212,713,000,000 CDC |
| > 25,000 CDC | 29% | 211,792,000,000 CDC |
| > 50,000 CDC | 32% | 103,138,000,000 CDC |
| > 75,000 CDC | 35% | 58,613,000,000 CDC |
| > 100,000 CDC | 38% | 19,989,000,000 CDC | Total | 708,107,000,000 CDC |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |
| yes | Total Seats: 750 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
| Random fact: In general, role-play requires the consent of all players. |
| Random quote: "Whenever a separation is made between liberty and justice, neither, in my opinion, is safe." - Edmund Burke |