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Bill: Flat Rate Income Tax
Details
Submitted by[?]: Konservativnaya Partiya
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 4211
Description[?]:
A single, flat rate income tax system would be simpler to understand and fairer. In order to revive our economy, we urgently need to move away from the traditional orthodoxy of penalising the most valuable workers with high marginal rates of tax. Druganin Yakovich Leader of the Conservative Party |
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 |
> 3,500 TRA | 30% | 45,796,000,000 TRA | Total | 45,796,000,000 TRA |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |||
yes |
Total Seats: 261 | |||
no | Total Seats: 0 | |||
abstain |
Total Seats: 177 |
Random fact: "Game mechanics comes first." For example, if a currently-enforced bill sets out one law, then a player cannot claim the government has set out a contradictory law. |
Random quote: "Poverty is like punishment for a crime you didn't commit." - Eli Khamarov |