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Bill: Income tax proposal of November 2180
Details
Submitted by[?]: United Labour Party of Telamon
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: June 2182
Description[?]:
| Since we have a surplus, we should give a small tax cut. |
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 |
| > 2,000 TPD | 5% | 6,293,000,000 TPD |
| > 4,500 TPD | 9% | 7,175,000,000 TPD |
| > 8,000 TPD | 16% | 5,906,000,000 TPD |
| > 12,000 TPD | 22% | 1,771,000,000 TPD |
| > 15,000 TPD | 30% | 2,397,000,000 TPD | Total | 23,542,000,000 TPD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||||
| yes |
Total Seats: 173 | ||||
| no | Total Seats: 102 | ||||
| abstain | Total Seats: 61 |
| Random fact: References to prominent real-life persons are not allowed. This includes references to philosophies featuring the name of a real-life person (eg. "Marxism", "Thatcherism", "Keynesianism"). |
| Random quote: "A politician is an animal which can sit on a fence and yet keep both ears to the ground." - H.L. Mencken |