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Bill: Income tax proposal of May 4249
Details
Submitted by[?]: Hosian Civic Union
Status[?]: defeated
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: January 4250
Description[?]:
| The United Party for Progress propose to adjust the government's income tax policy to better address the economic situation of the Federal Union of Gaduridos. A resubmission: http://classic.particracy.net/viewbill.php?billid=530978 With an Alliance majority it should pass. |
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 |
| > 10,000 GAD | 2% | 46,360,000,000 GAD |
| > 50,000 GAD | 6% | 173,232,000,000 GAD |
| > 100,000 GAD | 11% | 244,165,000,000 GAD |
| > 150,000 GAD | 16% | 245,087,000,000 GAD |
| > 200,000 GAD | 21% | 184,267,000,000 GAD |
| > 250,000 GAD | 28% | 503,746,000,000 GAD | Total | 1,396,857,000,000 GAD |
Debate
These messages have been posted to debate on this bill:
| Date | 10:13:02, July 31, 2017 CET | From | Hosian Civic Union | To | Debating the Income tax proposal of May 4249 |
| Message | If this passes we will be running a large budget deficit so the Alliance will be presenting a smaller budget soon. |
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Voting
| Vote | Seats | |||
| yes |
Total Seats: 164 | |||
| no | Total Seats: 155 | |||
| abstain |
Total Seats: 182 |
| Random fact: References to prominent real-life persons are not allowed. This includes references to philosophies featuring the name of a real-life person (eg. "Marxism", "Thatcherism", "Keynesianism"). |
| Random quote: "A good politician is quite as unthinkable as an honest burglar." H. L. Mencken |