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Bill: Income tax proposal of February 4686
Details
Submitted by[?]: Partia Socjaldemokratyczna
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 4686
Description[?]:
| The Partia Socjaldemokratyczna propose to adjust the government's income tax policy to better address the economic situation of the Rzeczpospolita Walruzyjska (Republic of Valruzia). |
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 |
| > 10,000 VPO | 25% | 133,993,000,000 VPO |
| > 20,000 VPO | 30% | 98,765,000,000 VPO |
| > 30,000 VPO | 45% | 85,453,000,000 VPO |
| > 40,000 VPO | 50% | 54,709,000,000 VPO |
| > 50,000 VPO | 65% | 49,892,000,000 VPO |
| > 60,000 VPO | 70% | 68,581,000,000 VPO | Total | 491,393,000,000 VPO |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |
| yes | Total Seats: 750 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
| Random fact: Particracy is set in the fictional world of Terra, which mirrors the real world of today and yet is not quite like it. |
| Random quote: "There is only one basic human right, the right to do as you damn well please. And with it comes the only basic human duty, the duty to take the consequences. " - P. J. O Rourke |