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Bill: Income tax proposal of February 5158
Details
Submitted by[?]: Democratic Baltusia Freedom Party (DBFP)
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: October 5158
Description[?]:
| The Democratic Baltusia Freedom Party (DBFP) 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 |
| > 1,000 BLD | 5% | 69,760,000,000 BLD |
| > 25,000 BLD | 15% | 164,502,000,000 BLD |
| > 60,000 BLD | 25% | 55,249,000,000 BLD |
| > 80,000 BLD | 35% | 42,916,000,000 BLD |
| > 150,000 BLD | 50% | 10,386,000,000 BLD | Total | 342,813,000,000 BLD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||||
| yes |
Total Seats: 452 | ||||
| no |
Total Seats: 118 | ||||
| abstain |
Total Seats: 180 |
| Random fact: Selucia is Particracy's modern take on Ancient Rome, located on the continent of Majatra. |
| Random quote: "People say I steal. Well, all politicians steal." - Huey Long |