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Bill: Income tax proposal of September 4020
Details
Submitted by[?]: Metzist-Leonidist/Democratic Socialist P
Status[?]: defeated
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: May 4021
Description[?]:
| The Metzist-Leonidist/Democratic Socialist P propose to adjust the government's income tax policy to better address the economic situation of the Baltusia. |
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 BLD | 3% | 8,815,000,000 BLD |
| > 10,000 BLD | 6% | 17,630,000,000 BLD |
| > 15,000 BLD | 9% | 26,445,000,000 BLD |
| > 20,000 BLD | 10% | 28,045,000,000 BLD |
| > 25,000 BLD | 12% | 29,111,000,000 BLD |
| > 30,000 BLD | 10% | 52,368,000,000 BLD |
| > 45,000 BLD | 10% | 12,369,000,000 BLD |
| > 50,000 BLD | 21% | 43,707,000,000 BLD |
| > 60,000 BLD | 24% | 32,726,000,000 BLD |
| > 70,000 BLD | 27% | 22,930,000,000 BLD |
| > 80,000 BLD | 30% | 15,826,000,000 BLD |
| > 90,000 BLD | 33% | 10,138,000,000 BLD |
| > 100,000 BLD | 36% | 5,489,000,000 BLD |
| > 110,000 BLD | 39% | 2,330,000,000 BLD |
| > 120,000 BLD | 45% | 17,377,000,000 BLD | Total | 325,306,000,000 BLD |
Debate
These messages have been posted to debate on this bill:
| Date | 04:41:58, April 29, 2016 CET | From | Metzist-Leonidist/Democratic Socialist P | To | Debating the Income tax proposal of September 4020 |
| Message | We are helping the middle class with this. |
| Date | 04:43:13, April 29, 2016 CET | From | Baltusian Communist Pro-life Party | To | Debating the Income tax proposal of September 4020 |
| Message | we believe in a other system of taxes, these are too low. |
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Voting
| Vote | Seats | |||||
| yes | Total Seats: 211 | |||||
| no |
Total Seats: 411 | |||||
| abstain | Total Seats: 0 |
| Random fact: Moderation will not approve a Cultural Protocol request within the first 48 hours of it being requested. This is in order to give other players a chance to query the proposed changes, if they wish to do so. Moderation may be approached for advice on a proposed change, but any advice proffered should always be understood under the provisio that no final decision will be made until at least 48 hours after the request has been formally submitted for approval. |
| Random quote: "There is a sufficiency in the world for man's need but not for man's greed." - Mahatma Gandhi |