We are working on a brand new version of the game! If you want to stay informed, read our blog and register for our mailing list.
Bill: Income tax proposal of October 4247
Details
Submitted by[?]: Secularist, Socialist 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: November 4248
Description[?]:
| The Secularist, Socialist Party of Baltusia propose to adjust the government's income tax policy to better address the economic situation of the Baltusia. Members of Congress, While this increased taxation may be off-putting to some of you I would like to assure you that: 1. By the end of the lifetime of this government we will have a growing surplus of expenditure and 2. The average Baltusian (and everybody earning under 80,000BLD) will be spending less per year because of the decrease in expenses this will cause. This ushers in a dawn of a new Baltusia, a Baltusia where whatever anybody needs is free at the point of use and the private and public sectors are well defined in their roles and keep each other well alone. Jenessa Hawkins Secretary of State for Finance & Leader of the Secularist, Socialist Party of Baltusia |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 40
Current: 0
Proposed: 75
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 35
Current: 0
Proposed: 50
Article 3
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 | 8% | 37,130,000,000 BLD |
| > 30,000 BLD | 14% | 52,124,000,000 BLD |
| > 40,000 BLD | 21% | 130,054,000,000 BLD |
| > 70,000 BLD | 26% | 22,078,000,000 BLD |
| > 80,000 BLD | 32% | 26,704,000,000 BLD |
| > 100,000 BLD | 43% | 16,854,000,000 BLD |
| > 150,000 BLD | 53% | 10,984,000,000 BLD |
| > 350,000 BLD | 58% | 0 BLD |
| > 500,000 BLD | 63% | 0 BLD |
| > 1,000,000 BLD | 73% | 0 BLD | Total | 295,928,000,000 BLD |
Debate
These messages have been posted to debate on this bill:
| Date | 13:51:22, July 28, 2017 CET | From | United Democratic Party - Syndicalists | To | Debating the Income tax proposal of October 4247 |
| Message | I disagree with 2 |
| Date | 13:59:10, July 28, 2017 CET | From | Secularist, Socialist Party of Baltusia | To | Debating the Income tax proposal of October 4247 |
| Message | Members of Congress, I understand that a 50% tax on luxury goods is extremely high however that is not only the only way to balance the budget but also one must consider that the services the spending plan pays for equate to more than half of the average persons current spending. Jenessa Hawkins, President of Baltusia, Leader of the Secularist, Socialist Party of Baltusia, & Outgoing Secretary of State for Finance |
subscribe to this discussion - unsubscribe
Voting
| Vote | Seats | |||
| yes |
Total Seats: 600 | |||
| no | Total Seats: 0 | |||
| abstain | Total Seats: 0 |
| Random fact: http://www.fantasynamegenerators.com and http://www.behindthename.com/random are great resources for coming up with character names from unfamiliar cultures. |
| Random quote: "Democracy means simply the bludgeoning of the people by the people for the people." - Oscar Wilde |