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Bill: Income tax proposal of October 4711
Details
Submitted by[?]: National Conservative Party (NCP)
Status[?]: defeated
Votes: This bill proposes to change income taxes. It requires more than half of the legislature to vote yes. This bill will not pass any sooner than the deadline.
Voting deadline: June 4712
Description[?]:
| The Conservative Reform Party propose to adjust the government's income tax policy to better address the economic situation of the United States of Baltusia. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 13
Current: 0
Proposed: 25
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 25
Current: 0
Proposed: 32
Article 3
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 |
| > 7,000 BLD | 10% | 250,819,000,000 BLD | Total | 250,819,000,000 BLD |
Debate
These messages have been posted to debate on this bill:
| Date | 20:36:11, February 16, 2020 CET | From | Moderate Republican Party (MRP) | To | Debating the Income tax proposal of October 4711 |
| Message | We don’t agree with this tax proposal. The Republican Party already passed one: http://classic.particracy.net/viewbill.php?billid=617530 |
| Date | 20:38:18, February 16, 2020 CET | From | Moderate Republican Party (MRP) | To | Debating the Income tax proposal of October 4711 |
| Message | We don’t agree with this tax proposal. The Republican Party already passed one: http://classic.particracy.net/viewbill.php?billid=617530 |
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Voting
| Vote | Seats | ||
| yes | Total Seats: 55 | ||
| no | Total Seats: 70 | ||
| abstain | Total Seats: 0 |
| Random fact: When it comes to creating a Cultural Protocol in a Culturally Open nation, players are not necessarily required to provide a plausible backstory for how the nation's cultural background developed. However, the provision of a plausible backstory may be a factor in whether Moderation approves the Cultural Protocol if players in surrounding nations question its appropriateness for their region of the game map. |
| Random quote: "A prince never lacks legitimate reasons to break his promise." - Niccolo Machiavelli |