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Bill: Income tax proposal of May 4251
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 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 4252
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. |
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 | 10% | 46,391,000,000 BLD |
| > 30,000 BLD | 17% | 63,274,000,000 BLD |
| > 40,000 BLD | 25% | 154,719,000,000 BLD |
| > 70,000 BLD | 30% | 25,458,000,000 BLD |
| > 80,000 BLD | 35% | 29,191,000,000 BLD |
| > 100,000 BLD | 45% | 10,922,000,000 BLD |
| > 125,000 BLD | 55% | 8,252,000,000 BLD |
| > 150,000 BLD | 60% | 10,803,000,000 BLD |
| > 180,000 BLD | 70% | 1,950,000,000 BLD | Total | 350,960,000,000 BLD |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||
| yes | Total Seats: 394 | ||
| no | Total Seats: 0 | ||
| abstain | Total Seats: 206 |
| Random fact: Players must never be asked for their Particracy password. This includes Moderation; a genuine Moderator will never ask for your password. |
| Random quote: "The best politics is right action." - Mahatma Gandhi |