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Bill: Middle Class Tax Cut and Tax Simplification Act
Details
Submitted by[?]: Conservative Renew
Status[?]: defeated
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 4502
Description[?]:
This will serve to reduce the tax rates for citizens of Gaduridos and simplify our system by reducing our number of brackets. This will allow serve as a tax cut for the middle class of the country. |
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 |
> 30,000 GAD | 10% | 115,942,000,000 GAD |
> 50,000 GAD | 15% | 433,235,000,000 GAD |
> 100,000 GAD | 20% | 926,282,000,000 GAD |
> 250,000 GAD | 30% | 540,026,000,000 GAD | Total | 2,015,485,000,000 GAD |
Debate
These messages have been posted to debate on this bill:
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Vote | Seats | |||
yes |
Total Seats: 107 | |||
no | Total Seats: 0 | |||
abstain | Total Seats: 143 |
Random fact: Moderation will not accept Cultural Protocol updates which introduce, on a significant scale, cultures which are likely to be insufficiently accessible to players. In particular, for all significant cultures in Particracy, it should be easy for players to access and use online resources to assist with language translation and the generation of character names. Moderation reserves the right to amend Cultural Protocols which are deemed to have introduced significant cultures that are not sufficiently accessible and which are not being actively role-played with. |
Random quote: "The only people who would be hurt by abandoning the Kyoto Protocol would be several thousand people who make a living attending conferences on global warming." - Kirill Kondratyev |