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Bill: Income tax proposal of November 4188
Details
Submitted by[?]: Disruptor 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: October 4190
Description[?]:
The Disruptor party propose to adjust the government's income tax policy to better address the economic situation of the Atfo Republic iny Hawu Mumenhes. |
Proposals
Article 1
Proposal[?] to change The banking system.
Old value:: All banks are privately owned.
Current: The government operates a central bank and all other banks are private.
Proposed: The government operates large, national banks, but small community based private banks are allowed.
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 |
> 500 IKD | 1% | 284,000,000 IKD |
> 1,000 IKD | 5% | 11,369,000,000 IKD |
> 5,000 IKD | 10% | 28,422,000,000 IKD |
> 10,000 IKD | 15% | 42,633,000,000 IKD |
> 15,000 IKD | 20% | 68,120,000,000 IKD |
> 21,000 IKD | 25% | 49,324,000,000 IKD |
> 25,000 IKD | 30% | 64,551,000,000 IKD |
> 30,000 IKD | 35% | 66,101,000,000 IKD |
> 35,000 IKD | 40% | 66,595,000,000 IKD |
> 40,000 IKD | 45% | 66,033,000,000 IKD |
> 45,000 IKD | 50% | 64,054,000,000 IKD |
> 50,000 IKD | 55% | 66,557,000,000 IKD |
> 55,000 IKD | 60% | 64,364,000,000 IKD |
> 60,000 IKD | 65% | 65,406,000,000 IKD |
> 65,000 IKD | 70% | 64,959,000,000 IKD |
> 70,000 IKD | 75% | 62,479,000,000 IKD |
> 75,000 IKD | 80% | 61,727,000,000 IKD |
> 80,000 IKD | 85% | 54,891,000,000 IKD |
> 85,000 IKD | 90% | 54,104,000,000 IKD |
> 90,000 IKD | 95% | 72,245,000,000 IKD |
> 97,000 IKD | 98% | 25,473,000,000 IKD |
> 100,000 IKD | 99% | 128,256,000,000 IKD | Total | 1,247,947,000,000 IKD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |
yes |
Total Seats: 77 | |
no | Total Seats: 0 | |
abstain |
Total Seats: 73 |
Random fact: Moderation will not accept Cultural Protocol updates which introduce, on a significant scale, cultures which are likely to be insufficiently accessible to players. In particular, for all significant cultures in Particracy, it should be easy for players to access and use online resources to assist with language translation and the generation of character names. Moderation reserves the right to amend Cultural Protocols which are deemed to have introduced significant cultures that are not sufficiently accessible and which are not being actively role-played with. |
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