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Bill: Income Tax Reform
Details
Submitted by[?]: Weiße Fraktion
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: May 4665
Description[?]:
| Legislation to create a fairer tax system. |
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 |
| > 8,000 DAR | 5% | 23,069,000,000 DAR |
| > 16,000 DAR | 25% | 177,271,000,000 DAR |
| > 32,000 DAR | 45% | 277,245,000,000 DAR |
| > 64,000 DAR | 65% | 136,896,000,000 DAR | Total | 614,481,000,000 DAR |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes |
Total Seats: 435 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
| Random fact: Terra, the fictional world in which Particracy is set, consists of 8 continents: Artania, Dovani, Keris, Makon, Majatra, Seleya, Temania and Vascania. |
| Random quote: "The substance of the eminent Socialist gentlemen's speech is that making a profit is a sin. It is my belief that the real sin is taking a loss!" - Winston Churchill |