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Bill: Income tax proposal of September 4134
Details
Submitted by[?]: United Democratic Party - Liberal
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: May 4135
Description[?]:
| The Progressive Party propose to adjust the government's income tax policy to better address the economic situation of the Baltusia. With the recent budget cuts. We can afford to decrease taxes for everyone to jump start the economy again. |
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 | 2% | 7,055,000,000 BLD |
| > 21,000 BLD | 5% | 23,223,000,000 BLD |
| > 30,000 BLD | 10% | 37,259,000,000 BLD |
| > 40,000 BLD | 17% | 105,359,000,000 BLD |
| > 70,000 BLD | 22% | 18,694,000,000 BLD |
| > 80,000 BLD | 29% | 24,218,000,000 BLD |
| > 100,000 BLD | 38% | 22,895,000,000 BLD | Total | 238,703,000,000 BLD |
Debate
These messages have been posted to debate on this bill:
| Date | 13:49:47, December 13, 2016 CET | From | United Democratic Party - Liberal | To | Debating the Income tax proposal of September 4134 |
| Message | All left parties please abstain. |
| Date | 21:57:58, December 13, 2016 CET | From | Free Market Party | To | Debating the Income tax proposal of September 4134 |
| Message | I support a tax cut, but we will need to decrease spending a little first, so as not to run a deficit. |
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Voting
| Vote | Seats | |||||||
| yes | Total Seats: 137 | |||||||
| no | Total Seats: 0 | |||||||
| abstain |
Total Seats: 563 |
| Random fact: Players have a responsibility to make a reasonable effort to be accurate when communicating the rules to other players. Any player who manipulatively misleads another player about the rules will be subject to sanction. |
| Random quote: "He that would make his own liberty secure, must guard even his enemy from opposition; for if he violates this duty he establishes a precedent that will reach himself." - Thomas Paine |