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Bill: Income tax proposal of August 4411
Details
Submitted by[?]: Lýðveldisflokkurinn (Republican 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 pass as soon as the required yes votes are in, or will be defeated if unsufficient votes are reached on the deadline.
Voting deadline: April 4412
Description[?]:
| The Sjálfstæðisflokkurinn propose to adjust the government's income tax policy to better address the economic situation of the Manrick Union, Telamon/Grenmark / Manrick Stéttarfélags, Tælmörk/Grænmörk. Instituting a progressive income tax policy. |
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 |
| > 500 TPD | 10% | 2,831,000,000 TPD |
| > 1,000 TPD | 20% | 11,324,000,000 TPD |
| > 2,000 TPD | 30% | 31,457,000,000 TPD |
| > 4,000 TPD | 40% | 26,883,000,000 TPD |
| > 6,000 TPD | 50% | 16,742,000,000 TPD |
| > 8,000 TPD | 60% | 13,765,000,000 TPD |
| > 10,000 TPD | 70% | 9,782,000,000 TPD |
| > 12,000 TPD | 80% | 12,847,000,000 TPD | Total | 125,631,000,000 TPD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes | Total Seats: 64 | |
| no | Total Seats: 0 | |
| abstain |
Total Seats: 59 |
| Random fact: Moderation reserves the discretion to declare RP laws invalid if the players supporting them are doing so in an excessively confrontational way. |
| Random quote: "The spread of evil is the symptom of a vacuum. Whenever evil wins, it is only by default: by the moral failure of those who evade the fact that there can be no compromise on basic principles." - Ayn Rand |