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Bill: Income tax proposal of August 4287
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 pass as soon as the required yes votes are in, or will be defeated if unsufficient votes are reached on the deadline.
Voting deadline: April 4288
Description[?]:
| The 莲花党 (Lotus Party) propose to adjust the government's income tax policy to better address the economic situation of the 瑩大磖國 (State of Indrala). |
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 |
| > 44,000 INS | 11% | 124,234,000,000 INS |
| > 66,000 INS | 13% | 105,169,000,000 INS |
| > 88,000 INS | 17% | 54,077,000,000 INS |
| > 100,000 INS | 24% | 178,416,000,000 INS |
| > 144,000 INS | 30% | 60,977,000,000 INS |
| > 166,000 INS | 34% | 40,306,000,000 INS |
| > 188,000 INS | 36% | 131,360,000,000 INS | Total | 694,539,000,000 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: 0 | ||
| abstain |
Total Seats: 262 |
| Random fact: Real-life quotations may be used in Particracy, but the real-life speaker or author should always be referenced in an OOC (out-of-character) note alongside the quotation. |
| Random quote: "Benefits should be conferred gradually; and in that way they will taste better." - Niccolo Machiavelli |