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Bill: Secularist, Socialist Party of Baltusia's Income tax proposal of November 4259
Details
Submitted by[?]: Secularist, Socialist Party of Baltusia
Status[?]: defeated
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: July 4260
Description[?]:
Members of Congress, Whether you are in favour of a decreased deficit or an eventual surplus, I ask you to vote yes to this, even as an intermediary step. Flossie Hambleton Finance Spokesperson of the Secularist, Socialist Party of Baltusia |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 25
Current: 0
Proposed: 50
Article 2
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 1
Current: 0
Proposed: 0
Article 3
Proposal[?] to change Sales tax on luxury goods.
Old value:: 15
Current: 0
Proposed: 25
Article 4
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 BLD | 10% | 111,062,000,000 BLD |
> 30,000 BLD | 20% | 74,483,000,000 BLD |
> 40,000 BLD | 25% | 68,740,000,000 BLD |
> 50,000 BLD | 30% | 103,356,000,000 BLD |
> 70,000 BLD | 40% | 33,975,000,000 BLD |
> 80,000 BLD | 42% | 35,060,000,000 BLD |
> 100,000 BLD | 45% | 10,914,000,000 BLD |
> 125,000 BLD | 55% | 8,232,000,000 BLD |
> 150,000 BLD | 60% | 10,776,000,000 BLD |
> 180,000 BLD | 70% | 1,945,000,000 BLD | Total | 458,543,000,000 BLD |
Debate
These messages have been posted to debate on this bill:
Date | 00:44:48, August 21, 2017 CET | From | Baltusian Green Alliance | To | Debating the Secularist, Socialist Party of Baltusia's Income tax proposal of November 4259 |
Message | Members of Congress, We have worked so hard to drop the insanely high taxes, we urge everyone to vote against this madness. Thank you, Karl Hare, BGA Whip |
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Voting
Vote | Seats | |||
yes |
Total Seats: 189 | |||
no |
Total Seats: 411 | |||
abstain | Total Seats: 0 |
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