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Bill: Income tax proposal of February 5425
Details
Submitted by[?]: Hizb Al-Hur
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 5425
Description[?]:
| The Hizb Al-Hur 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 |
| > 40,000 BDR | 5% | 26,876,000,000 BDR |
| > 50,000 BDR | 10% | 49,350,000,000 BDR |
| > 60,000 BDR | 15% | 66,947,000,000 BDR |
| > 70,000 BDR | 20% | 74,000,000,000 BDR |
| > 80,000 BDR | 25% | 75,735,000,000 BDR |
| > 90,000 BDR | 30% | 74,035,000,000 BDR |
| > 100,000 BDR | 35% | 73,374,000,000 BDR |
| > 110,000 BDR | 40% | 70,427,000,000 BDR |
| > 120,000 BDR | 45% | 343,571,000,000 BDR | Total | 854,315,000,000 BDR |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||
| yes |
Total Seats: 132 | ||
| no | Total Seats: 0 | ||
| abstain | Total Seats: 73 |
| Random fact: Culturally Open nations can adopt advisory/non-enforceable Nation Descriptions. See http://forum.particracy.net/viewtopic.php?f=5&t=6242 |
| Random quote: On 7th February 4281 a group of renowned Metzist experts from all across Terra met in Haldor to form the International Committee for the Estimation of the End Date of Capitalism (ICEEDC). With the assistance of a powerful computer, they calculated that capitalism will terminate Terra-wide on 6th November 4320, and in Dorvik on April 17th 4310. We have no reason whatsoever to believe these very eminent and learned scholars are wrong. They have never been wrong about anything before. ~ Friedrich Pfeiffer, General Secretary of the Dorvish Communist Party |