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Bill: Income tax proposal of February 4513
Details
Submitted by[?]: Liberal Party
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 4513
Description[?]:
The Liberal Party propose to adjust the government's income tax policy to better address the economic situation of the הרפובליקה היידית השישית של ביתנו (Sixth Yeudish Republic of Beiteynu). |
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 |
> 12,000 BEI | 5% | 37,357,000,000 BEI |
> 25,000 BEI | 15% | 69,385,000,000 BEI |
> 35,000 BEI | 25% | 102,887,000,000 BEI |
> 50,000 BEI | 35% | 382,639,000,000 BEI | Total | 592,268,000,000 BEI |
Debate
These messages have been posted to debate on this bill:
Date | 10:25:22, January 10, 2019 CET | From | Family Social Democracy Party | To | Debating the Income tax proposal of February 4513 |
Message | How is it going to benefit our families by cutting taxes on the rich? No! |
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Voting
Vote | Seats | |||
yes |
Total Seats: 46 | |||
no | Total Seats: 74 | |||
abstain | Total Seats: 0 |
Random fact: The majority of nations in Particracy are "Culturally Protected" with an established cultural background. Only the "Culturally Open" nations are not bound by the rules surrounding culture. The Cultural Protocols Index should be consulted for more information about the cultural situation of each nation. |
Random quote: "[The Constitution preserves] the advantage of being armed which Americans possess over the people of almost every other nation...[where] the governments are afraid to trust the people with arms." - James Madison |