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Bill: President Gresham's Tax Plan of 4485
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: July 4486
Description[?]:
| The United Democratic Party - Moderates 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% | 14,679,000,000 BLD |
| > 15,000 BLD | 8% | 23,487,000,000 BLD |
| > 20,000 BLD | 12% | 33,625,000,000 BLD |
| > 25,000 BLD | 15% | 36,356,000,000 BLD |
| > 30,000 BLD | 18% | 66,978,000,000 BLD |
| > 40,000 BLD | 25% | 68,679,000,000 BLD |
| > 50,000 BLD | 30% | 153,740,000,000 BLD |
| > 100,000 BLD | 50% | 29,881,000,000 BLD | Total | 427,425,000,000 BLD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |||||||
| yes |
Total Seats: 321 | |||||||
| no | Total Seats: 0 | |||||||
| abstain |
Total Seats: 214 |
| Random fact: Characters are considered to be "owned" by the player who first mentioned or created them. In practice, players may share responsibility for role-playing a character, but ultimate authority rests with the owner. |
| Random quote: "I am thankful for the taxes I pay because it means that I'm employed." - Nancie J. Carmody |