We are working on a brand new version of the game! If you want to stay informed, read our blog and register for our mailing list.
Bill: Income tax proposal of November 4115
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: July 4116
Description[?]:
| The Democratic Conservative Party 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 | 3% | 10,571,000,000 BLD |
| > 21,000 BLD | 7% | 32,480,000,000 BLD |
| > 30,000 BLD | 12% | 44,674,000,000 BLD |
| > 40,000 BLD | 19% | 117,607,000,000 BLD |
| > 70,000 BLD | 25% | 21,219,000,000 BLD |
| > 80,000 BLD | 30% | 25,025,000,000 BLD |
| > 100,000 BLD | 40% | 24,043,000,000 BLD | Total | 275,619,000,000 BLD |
Debate
These messages have been posted to debate on this bill:
| Date | 20:04:41, November 05, 2016 CET | From | Baltusian International Democratic Party | To | Debating the Income tax proposal of November 4115 |
| Message | Minor adjustments due to a huge budget surplus we can afford to increase the 3% tax threshold from between 15,000-20,000 to 15,000-21,000. That means our lowest earners keep more of what they earn. Also, we have cut the 30,000-40,000 tax percentage from 13% to 12%. This means Baltusians keep more of what they earn and gives people an incentive to contribute more to Baltusia as a whole through work promotions. We can afford this and I can assure that small tax cuts for our hardest, lowest earning workers will be most beneficial, economically and socially. I welcome other parties to the floor in order to suggest ideas or endorse this bill. Professor Andrew Ingrid Finance Minister |
| Date | 04:12:54, November 06, 2016 CET | From | Democratic Republicans | To | Debating the Income tax proposal of November 4115 |
| Message | We can get behind this. |
| Date | 04:13:28, November 06, 2016 CET | From | Democratic Republicans | To | Debating the Income tax proposal of November 4115 |
| Message | Is it possible for there to be taxes on a bracket beyond 100K? |
subscribe to this discussion - unsubscribe
Voting
| Vote | Seats | |||||
| yes |
Total Seats: 386 | |||||
| no | Total Seats: 0 | |||||
| abstain | Total Seats: 240 |
| Random fact: In cases where players introduce RP laws to a nation and then leave, Moderation reserves the discretion to declare the RP laws void if they appear to have fallen into disuse. In particular, please bear in mind that a player who is inexperienced with Particracy role-play and has joined a nation as the only party there should not generally be expected to abide by RP laws implemented by previous players who have been and left. |
| Random quote: "Politics is perhaps the only profession for which no preparation is thought necessary." - Robert Louis Stevenson |