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Bill: Income tax proposal of August 4290
Details
Submitted by[?]: Democratic 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 4291
Description[?]:
The Democratic Party propose to adjust the government's income tax policy to better address the economic situation of the Αυτοκρατορική Πολιτεία της Καλοπίας (Imperial State of Kalopia). |
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 |
> 7,000 WAN | 2% | 8,047,000,000 WAN |
> 14,000 WAN | 4% | 16,094,000,000 WAN |
> 21,000 WAN | 6% | 24,084,000,000 WAN |
> 28,000 WAN | 8% | 29,769,000,000 WAN |
> 35,000 WAN | 10% | 33,378,000,000 WAN |
> 42,000 WAN | 12% | 35,038,000,000 WAN |
> 49,000 WAN | 14% | 35,451,000,000 WAN |
> 56,000 WAN | 16% | 36,248,000,000 WAN |
> 63,000 WAN | 18% | 34,531,000,000 WAN |
> 70,000 WAN | 20% | 33,762,000,000 WAN |
> 77,000 WAN | 22% | 31,893,000,000 WAN |
> 84,000 WAN | 24% | 29,392,000,000 WAN |
> 91,000 WAN | 26% | 26,271,000,000 WAN |
> 98,000 WAN | 28% | 22,543,000,000 WAN |
> 105,000 WAN | 30% | 20,587,000,000 WAN |
> 112,000 WAN | 32% | 20,568,000,000 WAN |
> 119,000 WAN | 34% | 16,988,000,000 WAN |
> 126,000 WAN | 36% | 15,603,000,000 WAN |
> 133,000 WAN | 38% | 13,343,000,000 WAN |
> 140,000 WAN | 40% | 12,061,000,000 WAN |
> 147,000 WAN | 42% | 10,905,000,000 WAN |
> 154,000 WAN | 44% | 7,545,000,000 WAN |
> 161,000 WAN | 46% | 9,529,000,000 WAN |
> 170,000 WAN | 48% | 7,546,000,000 WAN |
> 177,000 WAN | 50% | 5,318,000,000 WAN |
> 184,000 WAN | 52% | 4,184,000,000 WAN |
> 191,000 WAN | 54% | 4,345,000,000 WAN |
> 198,000 WAN | 56% | 4,506,000,000 WAN |
> 205,000 WAN | 58% | 3,992,000,000 WAN |
> 212,000 WAN | 60% | 2,206,000,000 WAN |
> 219,000 WAN | 62% | 0 WAN |
> 226,000 WAN | 64% | 0 WAN |
> 233,000 WAN | 66% | 0 WAN |
> 240,000 WAN | 68% | 0 WAN |
> 247,000 WAN | 70% | 0 WAN | Total | 555,727,000,000 WAN |
Debate
These messages have been posted to debate on this bill:
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Vote | Seats | |
yes |
Total Seats: 502 | |
no | Total Seats: 0 | |
abstain | Total Seats: 0 |
Random fact: The people in your nation don't like inactive parties. When you often abstain from voting for a bill, they will dislike your party and your visibility to the electorate will decrease significantly. Low visibility will means you are likely to lose seats. So keep in mind: voting Yes or No is always better than Abstaining. |
Random quote: "Apparently, a democracy is a place where numerous elections are held at great cost without issues and with interchangeable candidates." - Gore Vidal |