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Bill: Progressive Income Tax Proposal of July 4164
Details
Submitted by[?]: United National Congress
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: March 4165
Description[?]:
| The United National Congress propose to adjust the government's income tax policy to better address the economic situation of the Repubic of Pontesi. We believe a more progressive income tax is needed, and as such propose to begin taking our nation in this direction. |
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 |
| > 10,000 PON | 20% | 115,298,000,000 PON |
| > 20,000 PON | 35% | 100,886,000,000 PON |
| > 25,000 PON | 40% | 92,998,000,000 PON |
| > 30,000 PON | 50% | 148,100,000,000 PON |
| > 40,000 PON | 55% | 552,483,000,000 PON | Total | 1,009,765,000,000 PON |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||
| yes |
Total Seats: 157 | ||
| no |
Total Seats: 143 | ||
| abstain | Total Seats: 0 |
| Random fact: It is the collective responsibility of the players in a nation to ensure all currently binding RP laws are clearly outlined in an OOC reference bill in the "Bills under debate" section of the nation page. Confusion should not be created by displaying only some of the current RP laws or displaying RP laws which are no longer current. |
| Random quote: "Non-violence is not a garment to be put on and off at will. Its seat is in the heart, and it must be an inseparable part of our very being." - Mahatma Gandhi |