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Bill: Income tax proposal of February 4545
Details
Submitted by[?]: Legio Factio
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 4545
Description[?]:
The Legio Factio propose to adjust the government's income tax policy to better address the economic situation of the Res Publica Democratica Pontesiae (Pontesian Democratic Republic). |
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 |
> 15,000 PON | 5% | 28,863,000,000 PON |
> 25,000 PON | 10% | 63,885,000,000 PON |
> 45,000 PON | 22% | 79,079,000,000 PON |
> 65,000 PON | 24% | 58,991,000,000 PON |
> 85,000 PON | 26% | 33,706,000,000 PON |
> 100,000 PON | 28% | 25,593,000,000 PON |
> 120,000 PON | 30% | 20,903,000,000 PON | Total | 311,020,000,000 PON |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |
yes |
Total Seats: 500 | |
no | Total Seats: 0 | |
abstain | Total Seats: 0 |
Random fact: Particracy has been running since 2005. Dorvik was Particracy's first nation, the Dorvik Social Democrats the first party and the International Greens the first Party Organisation. |
Random quote: "The political ballot box stands for willingness to be ruled by somebody other than yourself." - Alvin Lowi, Jr. |