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Bill: Income tax proposal of February 4488
Details
Submitted by[?]: Esinsundu Sociaj Demokratoj
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: October 4488
Description[?]:
The Esinsundu Social Democrats propose to adjust the government's income tax policy to better address the economic situation of the Esinsundu Empire, የኩቦራ ስፔኖች አስተዳዳሪዎች (United Governorates of Cobura). |
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 |
> 1,750 COB | 10% | 4,269,000,000 COB |
> 2,500 COB | 15% | 21,175,000,000 COB |
> 5,000 COB | 22% | 25,158,000,000 COB |
> 7,500 COB | 24% | 18,636,000,000 COB |
> 10,000 COB | 27% | 20,766,000,000 COB |
> 15,000 COB | 30% | 9,430,000,000 COB |
> 20,000 COB | 33% | 5,218,000,000 COB |
> 35,000 COB | 40% | 331,000,000 COB | Total | 104,983,000,000 COB |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | ||
yes | Total Seats: 203 | ||
no | Total Seats: 0 | ||
abstain |
Total Seats: 152 |
Random fact: In cases where a party has no seat, the default presumption should be that the party is able to contribute to debates in the legislature due to one of its members winning a seat at a by-election. However, players may collectively improvise arrangements of their own to provide a satisfying explanation for how parties with no seats in the legislature can speak and vote there. |
Random quote: "If liberty and equality, as is thought by some are chiefly to be found in democracy, they will be best attained when all persons alike share in the government to the utmost." - Aristotle |