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Bill: Income tax proposal of November 4168
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: July 4169
Description[?]:
| The United National Congress propose to adjust the government's income tax policy to better address the economic situation of the United Republic of Pontesi. Further tax cuts following a reshuffle in the budget |
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 | 16% | 92,281,000,000 PON |
| > 20,000 PON | 25% | 72,095,000,000 PON |
| > 25,000 PON | 33% | 76,745,000,000 PON |
| > 30,000 PON | 43% | 127,376,000,000 PON |
| > 40,000 PON | 49% | 492,308,000,000 PON | Total | 860,805,000,000 PON |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||
| yes | Total Seats: 177 | ||
| no | Total Seats: 0 | ||
| abstain | Total Seats: 123 |
| Random fact: Players have a responsibility to make a reasonable effort to be accurate when communicating the rules to other players. Any player who manipulatively misleads another player about the rules will be subject to sanction. |
| Random quote: "Socialism failed because it couldn't tell the economic truth; capitalism may fail because it couldn't tell the ecological truth." Lester Brown, Fortune Brainstorm Conference, 2006 |