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: Tax Bill: April 4286
Details
Submitted by[?]: 莲花党 (Lotus Party) 🌸
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: January 4287
Description[?]:
| The 莲花党 (Lotus Party) is proud to introduce today our tax plan, which will see a massive reduction in the tax burden on the middle and working class. The income tax exemption will be more than doubled from 21,000 INS to 44,000 INS to put more money in the hands of low-income earners. Across the board, the vast majority of Indralans will see their taxes drop. We are also asking corporations to pay their fair share once more by increasing the corporate tax rate from 2% to 5%. Linda Wong Minister of Finance |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 2
Current: 20
Proposed: 5
Article 2
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 |
| > 44,000 INS | 11% | 124,306,000,000 INS |
| > 66,000 INS | 13% | 105,215,000,000 INS |
| > 88,000 INS | 17% | 54,099,000,000 INS |
| > 100,000 INS | 24% | 178,486,000,000 INS |
| > 144,000 INS | 30% | 61,002,000,000 INS |
| > 166,000 INS | 34% | 164,463,000,000 INS | Total | 687,571,000,000 INS |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||
| yes |
Total Seats: 406 | ||
| no |
Total Seats: 262 | ||
| abstain | Total Seats: 0 |
| Random fact: Role-play is most enjoyable and successful when there is good communication and friendly relations between all players involved. |
| Random quote: "A fanatic is one who can't change his mind and won't change the subject." - Winston Churchill |