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Bill: Income tax proposal of March 4381
Details
Submitted by[?]: Baltusian 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 not pass any sooner than the deadline.
Voting deadline: November 4382
Description[?]:
| The Social-National Union propose to adjust the government's income tax policy to better address the economic situation of the Baltusia. |
Proposals
Article 1
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 3
Current: 0
Proposed: 0
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 34
Current: 0
Proposed: 40
Article 3
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 24
Current: 0
Proposed: 20
Article 4
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 |
| > 4,000 BLD | 5% | 47,013,000,000 BLD |
| > 20,000 BLD | 25% | 292,591,000,000 BLD |
| > 50,000 BLD | 30% | 153,858,000,000 BLD |
| > 100,000 BLD | 50% | 29,908,000,000 BLD | Total | 523,370,000,000 BLD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |||
| yes |
Total Seats: 99 | |||
| no | Total Seats: 0 | |||
| abstain |
Total Seats: 62 |
| 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: "I took the initiative in creating the internet." - Al Gore |