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Bill: Income tax proposal of April 4460
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 4460
Description[?]:
The Lofrkadé Onsmifrndé Prta propose to adjust the government's income tax policy to better address the economic situation of the Krsyiji Brmék Onsmifrndé Knstat. |
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 |
> 10,000 BAR | 5% | 14,215,000,000 BAR |
> 15,000 BAR | 10% | 27,954,000,000 BAR |
> 20,000 BAR | 15% | 30,087,000,000 BAR |
> 25,000 BAR | 16% | 26,432,000,000 BAR |
> 30,000 BAR | 20% | 28,905,000,000 BAR |
> 35,000 BAR | 23% | 28,650,000,000 BAR |
> 40,000 BAR | 25% | 26,963,000,000 BAR |
> 45,000 BAR | 30% | 29,286,000,000 BAR |
> 50,000 BAR | 35% | 30,657,000,000 BAR |
> 55,000 BAR | 40% | 31,349,000,000 BAR |
> 60,000 BAR | 45% | 31,378,000,000 BAR |
> 65,000 BAR | 48% | 27,616,000,000 BAR |
> 70,000 BAR | 51% | 24,869,000,000 BAR |
> 75,000 BAR | 53% | 32,478,000,000 BAR |
> 85,000 BAR | 56% | 35,428,000,000 BAR | Total | 426,267,000,000 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: Culturally Open nations can adopt advisory/non-enforceable Nation Descriptions. See http://forum.particracy.net/viewtopic.php?f=5&t=6242 |
Random quote: "Benefits should be conferred gradually; and in that way they will taste better." - Niccolo Machiavelli |