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Bill: Income tax proposal of July 4097
Details
Submitted by[?]: Revolutionary Anarchist Black Army(RABA)
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: March 4098
Description[?]:
| The Syndicalists 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 |
| > 1,000 BLD | 5% | 26,442,000,000 BLD |
| > 10,000 BLD | 7% | 77,742,000,000 BLD |
| > 30,000 BLD | 10% | 64,747,000,000 BLD |
| > 50,000 BLD | 15% | 51,693,000,000 BLD |
| > 70,000 BLD | 20% | 27,543,000,000 BLD |
| > 90,000 BLD | 25% | 7,691,000,000 BLD |
| > 100,000 BLD | 30% | 4,596,000,000 BLD |
| > 110,000 BLD | 35% | 2,105,000,000 BLD |
| > 120,000 BLD | 40% | 2,405,000,000 BLD |
| > 130,000 BLD | 50% | 3,007,000,000 BLD |
| > 140,000 BLD | 55% | 3,308,000,000 BLD |
| > 150,000 BLD | 60% | 12,499,000,000 BLD | Total | 283,778,000,000 BLD |
Debate
These messages have been posted to debate on this bill:
| Date | 22:22:44, September 29, 2016 CET | From | Baltusian International Democratic Party | To | Debating the Income tax proposal of July 4097 |
| Message | If in doubt just make the hard working people of this nation give away more of what they have worked hard to earn. This isn't right! Ryan Gray Finance Minister |
| Date | 11:34:26, September 30, 2016 CET | From | Patriotic Party of Baltusia | To | Debating the Income tax proposal of July 4097 |
| Message | This is sinful! Patriotic Party Leader Reverend Bartholomew Crisp |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 251 | |||
| no |
Total Seats: 371 | |||
| abstain | Total Seats: 78 |
| Random fact: To see what other nations are up to and to actively involve yourself in international activities: check the Roleplaying section on the forum! Don't be shy to make a news post about your party's recent achievements. |
| Random quote: "Fascism is capitalism plus murder." - Upton Sinclair |