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Bill: Income tax proposal of January 4155
Details
Submitted by[?]: Free Market Party
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: September 4155
Description[?]:
| The Free Market Party propose to adjust the government's income tax policy to better address the economic situation of the Baltusia. |
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 | 3% | 10,586,000,000 BLD |
| > 21,000 BLD | 5% | 23,232,000,000 BLD |
| > 30,000 BLD | 11% | 41,001,000,000 BLD |
| > 40,000 BLD | 17% | 105,396,000,000 BLD |
| > 70,000 BLD | 22% | 18,700,000,000 BLD |
| > 80,000 BLD | 28% | 23,391,000,000 BLD |
| > 100,000 BLD | 38% | 22,898,000,000 BLD | Total | 245,204,000,000 BLD |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||||
| yes |
Total Seats: 408 | ||||
| no |
Total Seats: 292 | ||||
| abstain | Total Seats: 0 |
| Random fact: The influence a bill has on elections decreases over time, until it eventually is no longer relevant. This can explain shifts in your party's position to the electorate and your visibility. |
| Random quote: "Popular suffrage is in itself no guarantee of freedom. People can vote themselves into slavery." - Frank Chodorov |