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Bill: Income tax proposal of December 4846
Details
Submitted by[?]: Hizb Muasisiun
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: December 4847
Description[?]:
| The Hizb Muasisiun 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 |
| > 7,500 BDR | 3% | 12,896,000,000 BDR |
| > 15,000 BDR | 5% | 14,329,000,000 BDR |
| > 20,000 BDR | 10% | 114,630,000,000 BDR |
| > 40,000 BDR | 15% | 154,646,000,000 BDR |
| > 60,000 BDR | 25% | 204,029,000,000 BDR |
| > 80,000 BDR | 30% | 164,868,000,000 BDR |
| > 100,000 BDR | 35% | 402,070,000,000 BDR | Total | 1,067,468,000,000 BDR |
Debate
These messages have been posted to debate on this bill:
| Date | 23:23:59, November 15, 2020 CET | From | Hizb Muasisiun | To | Debating the Income tax proposal of December 4846 |
| Message | This bill if passed would reduce percentages to be paid for lowest two brackets and raises floor of lowest bracket. |
| Date | 11:26:53, November 16, 2020 CET | From | Hizb Al-Muhafizeen | To | Debating the Income tax proposal of December 4846 |
| Message | accepted |
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Voting
| Vote | Seats | |
| yes |
Total Seats: 253 | |
| no | Total Seats: 0 | |
| abstain |
Total Seats: 197 |
| Random fact: You can inactivate yourself on your User Page. You will then lose all your seats but your party account won't be deleted, and your party's Visibility ratings will not diminish. Reactivation can be requested in the "Reactivation Requests" thread in the Game Moderation section of the Particracy Forum. |
| Random quote: "I never dared to be radical when young. For fear it would make me conservative when old." - Robert Frost |