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Bill: Income tax proposal of October 4067
Details
Submitted by[?]: Baltusian International Democratic Party
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: June 4068
Description[?]:
| The Conservative Party of Baltusia 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 |
| > 15,000 BLD | 5% | 14,697,000,000 BLD |
| > 20,000 BLD | 10% | 52,317,000,000 BLD |
| > 30,000 BLD | 15% | 55,884,000,000 BLD |
| > 40,000 BLD | 20% | 123,947,000,000 BLD |
| > 70,000 BLD | 25% | 21,243,000,000 BLD |
| > 80,000 BLD | 30% | 25,053,000,000 BLD |
| > 100,000 BLD | 40% | 24,003,000,000 BLD | Total | 317,144,000,000 BLD |
Debate
These messages have been posted to debate on this bill:
| Date | 10:14:20, August 01, 2016 CET | From | Baltusian International Democratic Party | To | Debating the Income tax proposal of October 4067 |
| Message | We need to increase taxes to deal with the deficit. |
| Date | 12:43:52, August 01, 2016 CET | From | Freedom Party | To | Debating the Income tax proposal of October 4067 |
| Message | We need to act know because every year the debt is getting bigger,and this bill hopefully will help. |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 622 | ||||
| no | Total Seats: 0 | ||||
| abstain | Total Seats: 0 |
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