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Bill: Income tax proposal of April 4147
Details
Submitted by[?]: Liberal Alliance Party (LAP)
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: December 4147
Description[?]:
| The Liberal Alliance Party (LAP) propose to adjust the government's income tax policy to better address the economic situation of the Republic Of Telamonia. |
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 |
| > 1,000 TPD | 45% | 50,883,000,000 TPD |
| > 3,000 TPD | 50% | 43,996,000,000 TPD |
| > 5,000 TPD | 55% | 25,669,000,000 TPD |
| > 7,000 TPD | 60% | 16,536,000,000 TPD |
| > 9,000 TPD | 65% | 11,939,000,000 TPD |
| > 11,000 TPD | 70% | 7,035,000,000 TPD |
| > 13,000 TPD | 75% | 3,007,000,000 TPD |
| > 15,000 TPD | 80% | 6,403,000,000 TPD | Total | 165,468,000,000 TPD |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||||||
| yes | Total Seats: 160 | ||||||
| no | Total Seats: 0 | ||||||
| abstain |
Total Seats: 140 |
| Random fact: Party candidates for head of state elections are not visible to the public. This means that you cannot see who will run and who will not, which adds another strategic element to the elections. |
| Random quote: "Hunger is not the worst feature of unemployment; idleness is." - William E. Barrett |