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Bill: 5267 Financial Reform
Details
Submitted by[?]: Yunionistakan Liberal Kusakts’ut
Status[?]: passed
Votes: This bill proposes to change income taxes. It requires more than half of the legislature to vote yes. This bill will not pass any sooner than the deadline.
Voting deadline: April 5268
Description[?]:
| The Yunionistakan Liberal Kusakts’ut propose to adjust the government's income tax policy to better address the economic situation of the Pontesi hanrapetut’yun (Pontesi). |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 0
Current: 15
Proposed: 14
Article 2
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 2
Current: 10
Proposed: 10
Article 3
Proposal[?] to change Sales tax on luxury goods.
Old value:: 4
Current: 25
Proposed: 25
Article 4
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 PON | 18% | 254,448,000,000 PON |
| > 35,000 PON | 27% | 90,520,000,000 PON |
| > 50,000 PON | 31% | 123,855,000,000 PON |
| > 75,000 PON | 34% | 79,774,000,000 PON |
| > 100,000 PON | 40% | 64,447,000,000 PON | Total | 613,044,000,000 PON |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes | Total Seats: 300 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
| Random fact: "OOC", "IC" and "IG" are commonly-used acronyms in Particracy. "OOC" refers to comments, discussions and actions which are out-of-character, meaning they are done player-to-player rather than party-to-party. "IC" refers to in-character interactions (ie. party-to-party). Similarly, "IG" means in-game, although this term may also simply refer to what happens in the actual game interface, as opposed to on the forum or elsewhere. "RP" just means "role-play". |
| Random quote: "I did not have sexual relations with that woman." - Bill Clinton |