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Bill: Income tax proposal of March 4424
Details
Submitted by[?]: Partiya Demokratîk a Azad
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: November 4424
Description[?]:
| The Partiya Demokratîk a Azad propose to adjust the government's income tax policy to shift the tax burden from the poorest to the richest while boosting government revenue and balancing the budget |
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 |
| > 1 ACR | 3% | 1,259,000,000 ACR |
| > 751 ACR | 10% | 8,115,000,000 ACR |
| > 2,201 ACR | 21% | 28,118,000,000 ACR |
| > 5,001 ACR | 41% | 44,036,000,000 ACR |
| > 10,001 ACR | 50% | 9,756,000,000 ACR |
| > 12,500 ACR | 60% | 13,062,000,000 ACR | Total | 104,346,000,000 ACR |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||
| yes | Total Seats: 591 | ||
| no | Total Seats: 0 | ||
| abstain |
Total Seats: 159 |
| Random fact: Real-life quotations may be used in Particracy, but the real-life speaker or author should always be referenced in an OOC (out-of-character) note alongside the quotation. |
| Random quote: "A politician is an animal which can sit on a fence and yet keep both ears to the ground." - H.L. Mencken |