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Bill: Budget Surplus Taxation Act of 5188
Details
Submitted by[?]: Democratic Socialist Party (DSP)
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: February 5189
Description[?]:
| The Democratic Socialist Party (DSP) propose to adjust the government's income tax policy to better address the economic situation of the United States of Baltusia (Baltusia), in particular the need to end the ongoing deficit. |
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 |
| > 2,000 BLD | 7% | 93,555,000,000 BLD |
| > 25,000 BLD | 20% | 219,337,000,000 BLD |
| > 60,000 BLD | 30% | 66,299,000,000 BLD |
| > 80,000 BLD | 40% | 49,047,000,000 BLD |
| > 150,000 BLD | 75% | 15,579,000,000 BLD | Total | 443,817,000,000 BLD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||||
| yes | Total Seats: 0 | ||||
| no | Total Seats: 383 | ||||
| abstain |
Total Seats: 367 |
| Random fact: The voters enjoy active parties who take upon themselves the initiative to create laws. |
| Random quote: "Poverty is like punishment for a crime you didn't commit." - Eli Khamarov |