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Bill: Income tax proposal of January 4735
Details
Submitted by[?]: Libertarian Socialist Party (LSP/PSL)
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: September 4735
Description[?]:
| The Super Progressive Party (SPP/PSP) propose to adjust the government's income tax policy to better address the economic situation of the Unión Federal de Gaduridos (Gaduridos). |
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 |
| > 15,000 GAD | 5% | 87,103,000,000 GAD |
| > 45,000 GAD | 15% | 304,860,000,000 GAD |
| > 80,000 GAD | 25% | 287,760,000,000 GAD |
| > 100,000 GAD | 30% | 310,869,000,000 GAD |
| > 120,000 GAD | 35% | 415,940,000,000 GAD |
| > 150,000 GAD | 40% | 1,604,532,000,000 GAD |
| > 500,000 GAD | 60% | 123,696,000,000 GAD | Total | 3,134,760,000,000 GAD |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||
| yes | Total Seats: 149 | ||
| no | Total Seats: 0 | ||
| abstain | Total Seats: 106 |
| Random fact: If there are no parties in your nation with seats, feel free to visit the forum and request an early election on the Early Election Requests thread: http://forum.particracy.net/viewtopic.php?f=11&t=4362 |
| Random quote: "Entrepreneurs are simply those who understand that there is little difference between obstacle and opportunity and are able to turn both to their advantage." - Niccolo Machiavelli |