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Bill: Flat Income tax proposal of July 4816
Details
Submitted by[?]: Libertarian Party
Status[?]: defeated
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: March 4817
Description[?]:
| The Libertarian Party propose to adjust the government's income tax policy to better address the economic situation of the Jumhuriat al-Badara (Badara). |
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 |
| > 5,000 BDR | 5% | 277,539,000,000 BDR | Total | 277,539,000,000 BDR |
Debate
These messages have been posted to debate on this bill:
| Date | 00:38:52, September 16, 2020 CET | From |  Libertarian Party | To | Debating the Flat Income tax proposal of July 4816 |
| Message | We will keep our surplus but drastically reduce taxes for almost everybody. |
| Date | 05:17:04, September 16, 2020 CET | From | Hizb Muasisiun | To | Debating the Flat Income tax proposal of July 4816 |
| Message | Hizb Muasisiun recognizes that income taxes like corporate taxes are still not low enough; but this bill would reduce revenue by almost 1 trillion BDR which in LOD is still a lot of money. |
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Voting
| Vote | Seats | |
| yes | Total Seats: 0 | |
| no |
Total Seats: 325 | |
| abstain | Total Seats: 0 |
| Random fact: It is forbidden to impersonate a player or Moderator. |
| Random quote: "All within the state; nothing outside the state; nothing against the state." - Benito Mussolini |