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Bill: Income tax proposal of July 4107
Details
Submitted by[?]: Narody Partia Socjalistyczna
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: March 4108
Description[?]:
| The Narody Partia Socjalistyczna propose to adjust the government's income tax policy to better address the economic situation of the Chińska Republika Valruzia ( Peoples Republic of Valruzia). |
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 VPO | 2% | 2,293,000,000 VPO |
| > 2,000 VPO | 5% | 5,734,000,000 VPO |
| > 4,000 VPO | 17% | 38,993,000,000 VPO |
| > 8,000 VPO | 27% | 122,572,000,000 VPO |
| > 16,000 VPO | 35% | 201,718,000,000 VPO |
| > 32,000 VPO | 35% | 88,371,000,000 VPO |
| > 50,000 VPO | 40% | 39,675,000,000 VPO |
| > 64,000 VPO | 75% | 13,340,000,000 VPO |
| > 70,000 VPO | 75% | 17,632,000,000 VPO |
| > 80,000 VPO | 80% | 27,943,000,000 VPO | Total | 558,271,000,000 VPO |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes | Total Seats: 397 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 353 |
| Random fact: The people in your nation don't like inactive parties. When you often abstain from voting for a bill, they will dislike your party and your visibility to the electorate will decrease significantly. Low visibility will means you are likely to lose seats. So keep in mind: voting Yes or No is always better than Abstaining. |
| Random quote: We are in politics not because we hate our fellow man, but because we love him. ~ Anton Weinreich, General Secretary of the Dorvish Communist Part |