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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% | 50,786,000,000 TPD |
| > 3,000 TPD | 50% | 43,905,000,000 TPD |
| > 5,000 TPD | 55% | 25,610,000,000 TPD |
| > 7,000 TPD | 60% | 16,489,000,000 TPD |
| > 9,000 TPD | 65% | 11,901,000,000 TPD |
| > 11,000 TPD | 70% | 7,007,000,000 TPD |
| > 13,000 TPD | 75% | 2,992,000,000 TPD |
| > 15,000 TPD | 80% | 6,365,000,000 TPD | Total | 165,055,000,000 TPD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||||||
| yes | Total Seats: 160 | ||||||
| no | Total Seats: 0 | ||||||
| abstain |
Total Seats: 140 |
| Random fact: If there are no parties in your nation with seats, feel free to visit the forum and request an early election on the Early Election Requests thread: http://forum.particracy.net/viewtopic.php?f=11&t=4362 |
| Random quote: "Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting that vote." - Unknown |