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Bill: Income tax proposal of April 4314
Details
Submitted by[?]: Malivian Nationalist Socialist Party
Status[?]: defeated
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: May 4316
Description[?]:
The Revolutionary Socialist Front 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 |
> 10,000 BLD | 13% | 144,312,000,000 BLD |
> 30,000 BLD | 20% | 74,449,000,000 BLD |
> 40,000 BLD | 25% | 68,707,000,000 BLD |
> 50,000 BLD | 30% | 103,301,000,000 BLD |
> 70,000 BLD | 40% | 33,958,000,000 BLD |
> 80,000 BLD | 42% | 35,041,000,000 BLD |
> 100,000 BLD | 45% | 17,611,000,000 BLD |
> 150,000 BLD | 60% | 12,414,000,000 BLD | Total | 489,793,000,000 BLD |
Debate
These messages have been posted to debate on this bill:
Date | 18:14:27, December 07, 2017 CET | From | United Democratic Party - Liberal | To | Debating the Income tax proposal of April 4314 |
Message | Too high of taxes |
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Voting
Vote | Seats | ||||||
yes |
Total Seats: 199 | ||||||
no |
Total Seats: 345 | ||||||
abstain | Total Seats: 56 |
Random fact: Particracy has been running since 2005. Dorvik was Particracy's first nation, the Dorvik Social Democrats the first party and the International Greens the first Party Organisation. |
Random quote: "The greatest lesson in life is to know that even fools are right sometimes." - Winston Churchill |