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Bill: Income tax proposal of October 4377
Details
Submitted by[?]: Republican Party of Cildania
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: June 4378
Description[?]:
The Republican Party propose to adjust the government's income tax policy to better address the economic situation of the Republic of Cildania. |
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 |
> 9,000 CDC | 15% | 214,607,000,000 CDC |
> 41,000 CDC | 22% | 56,968,000,000 CDC |
> 55,000 CDC | 30% | 136,213,000,000 CDC |
> 115,000 CDC | 40% | 2,860,000,000 CDC | Total | 410,648,000,000 CDC |
Debate
These messages have been posted to debate on this bill:
Date | 00:19:26, April 14, 2018 CET | From | Freedom for Everyone Party | To | Debating the Income tax proposal of October 4377 |
Message | There's no reason for this drastic change in our income tax system. We would lose about 14 billion CDC in revenue under this proposal. |
Date | 00:20:12, April 14, 2018 CET | From | Freedom for Everyone Party | To | Debating the Income tax proposal of October 4377 |
Message | Also you do not run the cabinet in charge of this, I do. |
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Voting
Vote | Seats | |||
yes | Total Seats: 0 | |||
no | Total Seats: 225 | |||
abstain | Total Seats: 125 |
Random fact: Once approved, players should copy Cultural Protocols into a bill in the debate section of their nation page, under the title of "OOC: Cultural Protocols". This bill should include links to the passed Cultural Protocol bill and the Moderation approval. |
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 |