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Bill: Income tax proposal of October 4241
Details
Submitted by[?]: United Democratic Party - Syndicalists
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: June 4242
Description[?]:
The Revolutionary Anarcho-communist Party propose to adjust the government's income tax policy to better address the economic situation of the Baltusia. This small tax increase will fund our education and health service But due to Baltusia's Mostly Nationalised Economy all citizens will receive a small percentage of profits thanks to reasons such as rail fares overseas investments by publicly owned companies and the sale of new anti-Cancer drugs developed by researchers in the NBHS (National Baltusian Health Service) to overseas companies and thanks to a state controlled economy inflation rates and other economic matters can be regulated thanks to this the people of Baltusia will be effectively paid back part of the their taxes |
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 |
> 21,000 BLD | 5% | 23,197,000,000 BLD |
> 30,000 BLD | 11% | 40,938,000,000 BLD |
> 40,000 BLD | 17% | 105,243,000,000 BLD |
> 70,000 BLD | 22% | 18,674,000,000 BLD |
> 80,000 BLD | 28% | 23,356,000,000 BLD |
> 100,000 BLD | 39% | 23,353,000,000 BLD | Total | 234,761,000,000 BLD |
Debate
These messages have been posted to debate on this bill:
Date | 21:26:55, July 15, 2017 CET | From | Conservative Party of Baltusia | To | Debating the Income tax proposal of October 4241 |
Message | You say mostly nationalised but you are still raking in more than 33 billion dollars from raised corporation tax. Basically you are working the private sector into the ground to pay for your unnecessary philanthropy, President Benn. It is discriminatory, it is punitive and saying you only need tiny income tax rises like this to pay for everything because of your magnificent financial management is bull crap. Everyone knows who is paying for it - the hardworking private sector that you fail to acknowledge exists because you can't get your head out of your communist derriere. Peace! Yogi Goldstein Conservative Party |
Date | 22:46:50, July 15, 2017 CET | From | United Democratic Party - Syndicalists | To | Debating the Income tax proposal of October 4241 |
Message | Well if the private companies agree to be owned by the workers then they won't have to pay the taxes |
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Voting
Vote | Seats | ||||
yes |
Total Seats: 302 | ||||
no | Total Seats: 298 | ||||
abstain |
Total Seats: 0 |
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