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Bill: Income tax proposal of March 5275
Details
Submitted by[?]: UNITED FRONT PLUS MOVEMENT (UFPM)
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: November 5275
Description[?]:
| The UNITED FRONT PLUS MOVEMENT (UFPM) propose to adjust the government's income tax policy to better address the economic situation of the Rzechpospolita Walruzja (Valruzia). |
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 |
| > 15,000 VPO | 1% | 8,824,000,000 VPO |
| > 50,000 VPO | 5% | 5,128,000,000 VPO |
| > 65,000 VPO | 9% | 2,533,000,000 VPO |
| > 75,000 VPO | 99% | 38,411,000,000 VPO |
| > 100,000 VPO | 99% | 5,655,000,000 VPO | Total | 60,551,000,000 VPO |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes | Total Seats: 319 | |
| no | Total Seats: 0 | |
| abstain |
Total Seats: 431 |
| Random fact: By default the head of government is the ultimate authority within a national government. In general terms, heads of government are expected to consult with cabinet colleagues (including those from other parties) before making significant decisions but they remain responsible for government action. |
| Random quote: "When there's a single thief, it's robbery. When there are a thousand thieves, it's taxation. " -Vanya Cohen |