We are working on a brand new version of the game! If you want to stay informed, read our blog and register for our mailing list.
Bill: 20% Flat Tax
Details
Submitted by[?]: Kongres dla Wolności i Dobrobytu
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: December 4003
Description[?]:
Mr. Marshal, The KWD government believes in instituting a simple and competitive flat tax in order to spur on enterprise instead of punishing wealth creators with punitive, graduated rates of taxation. A billionaire earning 1 billion peso a year will still pay 100,000 times the tax that as a bus driver earning 10,000 is due for before we deduct the first 7,500 peso. Thus the principle of tax fairness will still apply. Marek Grabarczyk Minister of Finance |
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 |
> 7,500 VPO | 20% | 297,314,000,000 VPO | Total | 297,314,000,000 VPO |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |
yes | Total Seats: 75 | |
no | Total Seats: 0 | |
abstain | Total Seats: 0 |
Random fact: In cases where players have failed to clearly and accurately reference their nation's RP laws in the "Bills under debate" section, Moderation will rule them invalid if a challenge is made to their validity. |
Random quote: "I reject the cynical view that politics is a dirty business." - Richard M. Nixon |