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Bill: Income tax proposal of November 4481
Details
Submitted by[?]: Labor Party of Baltusia (LPB)
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: September 4482
Description[?]:
The United Democratic Party - Moderates, with the endorsement of Secretary of the Treasury Richard Tapper, propose to adjust the government's income tax policy to better address the economic situation of the United States of Baltusia. |
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 BLD | 5% | 29,349,000,000 BLD |
> 20,000 BLD | 20% | 233,791,000,000 BLD |
> 50,000 BLD | 30% | 153,662,000,000 BLD |
> 100,000 BLD | 50% | 29,971,000,000 BLD | Total | 446,773,000,000 BLD |
Debate
These messages have been posted to debate on this bill:
Date | 05:12:19, November 08, 2018 CET | From | Labor Party of Baltusia (LPB) | To | Debating the Income tax proposal of November 4481 |
Message | Madam Speaker, I propose this new tax bill, with the endorsement of Treasury Secretary Richard Tapper, to better address the current economic situation. This bill will take a burden off the poorest Baltusians and will truly benefit all Baltusians. I urge all of my colleagues to vote in favor of this tax bill. Rep. Joe Murray, Sr. Chairman of the United Democratic Party |
Date | 23:39:10, November 08, 2018 CET | From | Republican Party - Hosian Democrats | To | Debating the Income tax proposal of November 4481 |
Message | Madam Speaker, We oppose tax reforms which disproportionately affect those on lower incomes. Dashaud Edwards Chairman of the Hosian Democrat Caucus/Republican Party |
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Voting
Vote | Seats | |||||||
yes |
Total Seats: 350 | |||||||
no | Total Seats: 84 | |||||||
abstain | Total Seats: 101 |
Random fact: Players must never be asked for their Particracy password. This includes Moderation; a genuine Moderator will never ask for your password. |
Random quote: "Don't listen to what the Communists say, but look at what they do." - Nguyen Van Thieu |