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Bill: Income tax proposal of August 4823
Details
Submitted by[?]: Farming and Labor Alliance (FLA)
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: August 4824
Description[?]:
| The Farming and Labor Alliance (FLA) propose to adjust the government's income tax policy to better address the economic situation of the United States of Baltusia (Baltusia). |
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 |
| > 12,000 BLD | 8% | 95,490,000,000 BLD |
| > 35,000 BLD | 25% | 240,274,000,000 BLD |
| > 100,000 BLD | 45% | 20,427,000,000 BLD |
| > 160,000 BLD | 50% | 6,015,000,000 BLD |
| > 180,000 BLD | 75% | 2,094,000,000 BLD | Total | 364,300,000,000 BLD |
Debate
These messages have been posted to debate on this bill:
| Date | 21:39:54, September 30, 2020 CET | From | Conservative Party of Baltusia (CPB) | To | Debating the Income tax proposal of August 4823 |
| Message | We stand for no more taxes. |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 241 | |||
| no | Total Seats: 0 | |||
| abstain | Total Seats: 194 |
| Random fact: Particracy does not allow real-life fictional references (eg. Gandalf, Harry Potter, Luke Skywalker). |
| Random quote: "A racially integrated community is a chronological term timed from the entrance of the first black family to the exit of the last white family." - Saul Alinsky |