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Bill: Income tax proposal of November 4147
Details
Submitted by[?]: Republikanske Folkeparti (RPP)
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 4148
Description[?]:
| The Konservativ Folkeparti (KPP) propose to adjust the government's income tax policy to better address the economic situation of the Republika Federalna Valruzia. This is a non, partisan tax system with the KPP favoring lower levels of taxation but maintaining a responsible higher level to encourage unanimity in this proposal. |
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 |
| > 11,000 VPO | 20% | 199,676,000,000 VPO |
| > 40,000 VPO | 35% | 87,332,000,000 VPO |
| > 80,000 VPO | 45% | 15,645,000,000 VPO |
| > 140,000 VPO | 55% | 0 VPO |
| > 200,000 VPO | 60% | 0 VPO | Total | 302,653,000,000 VPO |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||||||||
| yes |
Total Seats: 750 | ||||||||
| no | Total Seats: 0 | ||||||||
| abstain | Total Seats: 0 |
| Random fact: Selucia is Particracy's modern take on Ancient Rome, located on the continent of Majatra. |
| Random quote: "A claim for equality of material position can be met only by a government with totalitarian powers." - Friedrich Hayek |