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Bill: Income tax proposal of February 4593
Details
Submitted by[?]: Baltusia Parliamentary Party
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 4593
Description[?]:
| The Baltusia Parliamentary Party propose to adjust the government's income tax policy to better address the economic situation of the United States of Baltusia. We hope our Congressional colleagues will agree. Mick Collins, Finance Minister, BPP |
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 |
| > 17,000 BLD | 8% | 48,536,000,000 BLD |
| > 28,000 BLD | 14% | 64,980,000,000 BLD |
| > 40,000 BLD | 20% | 89,205,000,000 BLD |
| > 58,000 BLD | 35% | 119,388,000,000 BLD |
| > 100,000 BLD | 50% | 16,628,000,000 BLD |
| > 140,000 BLD | 55% | 14,722,000,000 BLD | Total | 353,459,000,000 BLD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |||||
| yes | Total Seats: 166 | |||||
| no | Total Seats: 0 | |||||
| abstain |
Total Seats: 101 |
| Random fact: In order for a Cabinet bill to pass, more than half of the legislature must vote for it and all of the parties included in the proposed Cabinet must support it. If your nation has a Head of State who is also the Head of Government, then the party controlling this character must also vote for the bill, since the Head of Government is also a member of the Cabinet. If any of these requirements are not met, the bill will not pass. |
| Random quote: "The 20th century has been characterised by three developments of great political importance: the growth of democracy, the growth of corporate power; and the growth of corporate propaganda against democracy." - Alex Carey |