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Bill: Income tax proposal of July 4574
Details
Submitted by[?]: Democratic Conservative Party (DCP)
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: March 4575
Description[?]:
| The Baltusian Centrist Party propose to adjust the government's income tax policy to better address the economic situation of the United States of Baltusia. As we are constantly racking up debt. |
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 BLD | 9% | 33,520,000,000 BLD |
| > 40,000 BLD | 25% | 68,731,000,000 BLD |
| > 50,000 BLD | 30% | 171,859,000,000 BLD |
| > 200,000 BLD | 75% | 0 BLD |
| > 250,000 BLD | 15% | 0 BLD |
| > 360,000 BLD | 12% | 0 BLD | Total | 274,110,000,000 BLD |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||||
| yes | Total Seats: 6 | ||||
| no | Total Seats: 129 | ||||
| abstain |
Total Seats: 400 |
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