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Bill: Socialist taxing
Details
Submitted by[?]: Socialist Peoples Party
Status[?]: defeated
Votes: This bill proposes to change income taxes. It requires more than half of the legislature to vote yes. This bill will not pass any sooner than the deadline.
Voting deadline: May 4116
Description[?]:
| The Socialist Peoples Party propose to adjust the government's income tax policy to better address the economic situation of the רפובליקת יידיש של ביתנו (Yeudish Republic of Beiteynu). |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 0
Current: 18
Proposed: 100
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 33
Current: 19
Proposed: 50
Article 3
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 BEI | 1% | 2,296,000,000 BEI |
| > 5,000 BEI | 2% | 5,739,000,000 BEI |
| > 10,000 BEI | 3% | 17,216,000,000 BEI |
| > 20,000 BEI | 4% | 22,466,000,000 BEI |
| > 30,000 BEI | 5% | 17,301,000,000 BEI |
| > 40,000 BEI | 10% | 25,199,000,000 BEI |
| > 50,000 BEI | 32% | 60,031,000,000 BEI |
| > 60,000 BEI | 50% | 83,474,000,000 BEI |
| > 70,000 BEI | 70% | 104,641,000,000 BEI |
| > 80,000 BEI | 90% | 116,906,000,000 BEI |
| > 90,000 BEI | 99% | 452,017,000,000 BEI | Total | 907,286,000,000 BEI |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes | Total Seats: 0 | |
| no |
Total Seats: 695 | |
| abstain |
Total Seats: 0 |
| Random fact: Players using inactive accounts and/or accounts from outside nations may only propose bills and/or contribute to discussions, whether IC (in-character) or OOC (out-of-character) with the general consent of the players in the nation. |
| Random quote: "It is better to abolish serfdom from above than wait for it to abolish itself from below." - Alexander II of Russia |