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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% | 2,292,000,000 BEI |
| > 5,000 BEI | 2% | 5,731,000,000 BEI |
| > 10,000 BEI | 3% | 17,192,000,000 BEI |
| > 20,000 BEI | 4% | 22,434,000,000 BEI |
| > 30,000 BEI | 5% | 17,280,000,000 BEI |
| > 40,000 BEI | 10% | 25,164,000,000 BEI |
| > 50,000 BEI | 32% | 59,955,000,000 BEI |
| > 60,000 BEI | 50% | 83,368,000,000 BEI |
| > 70,000 BEI | 70% | 104,501,000,000 BEI |
| > 80,000 BEI | 90% | 116,772,000,000 BEI |
| > 90,000 BEI | 99% | 451,741,000,000 BEI | Total | 906,430,000,000 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: When you join the game, you will find yourself with only zero seats. That's because your party's representatives haven't been elected yet. You need to establish your party's position on issues by proposing several bills that your party wants passed and sending them to vote. This raises your visibility and if you do it enough, you will win seats at the next election. |
| Random quote: "An economist is a surgeon with an excellent scalpel and a rough-edged lancet, who operates beautifully on the dead and tortures the living." - Nicholas Chamfort |