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Bill: Income tax proposal of April 4409
Details
Submitted by[?]: Lofrkadé Onsmifrndé Prta
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: December 4409
Description[?]:
| The Pvstjogadé Prta propose to adjust the government's income tax policy to better address the economic situation of the Brmék Ishtoprtastaték Krsyjogad (Barmenian Confederal Union). |
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 |
| > 5,000 BAR | 5% | 14,266,000,000 BAR |
| > 10,000 BAR | 10% | 28,532,000,000 BAR |
| > 15,000 BAR | 16% | 44,886,000,000 BAR |
| > 20,000 BAR | 18% | 36,240,000,000 BAR |
| > 25,000 BAR | 20% | 33,165,000,000 BAR |
| > 30,000 BAR | 22% | 31,918,000,000 BAR |
| > 35,000 BAR | 24% | 30,009,000,000 BAR |
| > 40,000 BAR | 26% | 28,148,000,000 BAR |
| > 45,000 BAR | 28% | 27,438,000,000 BAR |
| > 50,000 BAR | 30% | 26,378,000,000 BAR |
| > 55,000 BAR | 40% | 31,466,000,000 BAR |
| > 60,000 BAR | 50% | 35,000,000,000 BAR |
| > 65,000 BAR | 60% | 34,659,000,000 BAR |
| > 70,000 BAR | 70% | 121,803,000,000 BAR | Total | 523,908,000,000 BAR |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes | Total Seats: 75 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
| 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: "Idealism is fine; but as it approaches reality, the cost becomes prohibitive." - William F. Buckley, Jr. |