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Bill: P.d.l. 01/4366 - Progressive Income Tax
Details
Submitted by[?]: Partito del Socialismo Istaliano - F.P.
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: December 4366
Description[?]:
The rightist forces of this legislature abolished the progressive taxation, without the opposition of all the 'leftist' forces; With the next legislature we will change this iniqual sistem, breaking the chains which oppress the majority of the people, while a little minority is thanking this government for its favors. |
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 |
> 501 LIS | 5% | 2,854,000,000 LIS |
> 1,501 LIS | 10% | 2,854,000,000 LIS |
> 2,001 LIS | 15% | 4,281,000,000 LIS |
> 2,501 LIS | 20% | 11,415,000,000 LIS |
> 3,501 LIS | 25% | 21,109,000,000 LIS |
> 5,001 LIS | 30% | 33,627,000,000 LIS |
> 7,501 LIS | 35% | 26,191,000,000 LIS |
> 10,001 LIS | 40% | 45,249,000,000 LIS |
> 20,001 LIS | 50% | 15,447,000,000 LIS | Total | 163,027,000,000 LIS |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | ||||
yes | Total Seats: 132 | ||||
no |
Total Seats: 249 | ||||
abstain | Total Seats: 124 |
Random fact: The majority of nations in Particracy are "Culturally Protected" with an established cultural background. Only the "Culturally Open" nations are not bound by the rules surrounding culture. The Cultural Protocols Index should be consulted for more information about the cultural situation of each nation. |
Random quote: "I've noticed that everybody that is for abortion has already been born." - Ronald Reagan, quoted in New York Times, 22 September 1980 |