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Bill: Income tax proposal of August 4180
Details
Submitted by[?]: Cildanian Libertarian 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 not pass any sooner than the deadline.
Voting deadline: April 4181
Description[?]:
| The Constitutional Libertarian Party propose to adjust the government's income tax policy to better address the economic situation of the Most Serene Republic of Cildania. |
Proposals
Article 1
Proposal[?] to change Sales tax on luxury goods.
Old value:: 5
Current: 7
Proposed: 9
Article 2
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 CDC | 3% | 8,475,000,000 CDC |
| > 20,000 CDC | 4% | 9,962,000,000 CDC |
| > 25,000 CDC | 5% | 11,066,000,000 CDC |
| > 30,000 CDC | 11% | 18,994,000,000 CDC |
| > 35,000 CDC | 14% | 19,195,000,000 CDC |
| > 40,000 CDC | 18% | 19,280,000,000 CDC |
| > 45,000 CDC | 22% | 20,381,000,000 CDC |
| > 50,000 CDC | 25% | 20,417,000,000 CDC |
| > 55,000 CDC | 30% | 22,827,000,000 CDC |
| > 60,000 CDC | 35% | 24,394,000,000 CDC |
| > 65,000 CDC | 37% | 19,324,000,000 CDC |
| > 70,000 CDC | 39% | 32,839,000,000 CDC |
| > 80,000 CDC | 41% | 28,470,000,000 CDC |
| > 90,000 CDC | 41% | 23,198,000,000 CDC |
| > 100,000 CDC | 50% | 26,288,000,000 CDC | Total | 305,110,000,000 CDC |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |||
| yes |
Total Seats: 400 | |||
| no | Total Seats: 0 | |||
| abstain | Total Seats: 0 |
| Random fact: It is forbidden to impersonate a player or Moderator. |
| Random quote: "The word 'politics' is derived from the word 'poly', meaning 'many', and the word 'ticks', meaning 'blood sucking parasites.'" - Larry Hardiman |