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Bill: Income tax proposal of December 4233
Details
Submitted by[?]: Centrist Party of Baltusia
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: August 4234
Description[?]:
| The Centrist Party propose to adjust the government's income tax policy to better address the economic situation of the Baltusia. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 23
Current: 0
Proposed: 20
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 |
| > 21,000 BLD | 5% | 23,241,000,000 BLD |
| > 30,000 BLD | 11% | 41,014,000,000 BLD |
| > 40,000 BLD | 17% | 105,427,000,000 BLD |
| > 70,000 BLD | 22% | 18,705,000,000 BLD |
| > 80,000 BLD | 28% | 23,395,000,000 BLD |
| > 100,000 BLD | 38% | 22,863,000,000 BLD | Total | 234,645,000,000 BLD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |||||
| yes |
Total Seats: 450 | |||||
| no |
Total Seats: 150 | |||||
| abstain | Total Seats: 0 |
| Random fact: Particracy does not allow role-play that seems to belong to the world of fantasy, science fiction and futuristic speculation. |
| Random quote: "Taxes, after all, are dues that we pay for the privileges of membership in an organized society." - Franklin D. Roosevelt |