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Bill: FSPTRA - Fair Share Progressive Tax Rate Act of 5467
Details
Submitted by[?]: Hizb al-Ishtiraki al-Dimuqrati
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 5467
Description[?]:
| The Hizb al-Ishtiraki al-Dimuqrati 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 |
| > 10,000 BDR | 3% | 8,573,000,000 BDR |
| > 15,000 BDR | 6% | 17,146,000,000 BDR |
| > 20,000 BDR | 9% | 25,719,000,000 BDR |
| > 25,000 BDR | 12% | 167,190,000,000 BDR |
| > 50,000 BDR | 15% | 170,001,000,000 BDR |
| > 75,000 BDR | 18% | 129,739,000,000 BDR |
| > 100,000 BDR | 21% | 96,338,000,000 BDR |
| > 125,000 BDR | 24% | 75,272,000,000 BDR |
| > 150,000 BDR | 27% | 47,142,000,000 BDR |
| > 175,000 BDR | 30% | 30,014,000,000 BDR |
| > 200,000 BDR | 33% | 17,890,000,000 BDR |
| > 225,000 BDR | 36% | 10,109,000,000 BDR |
| > 250,000 BDR | 39% | 6,461,000,000 BDR | Total | 801,594,000,000 BDR |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes | Total Seats: 66 | |
| no | Total Seats: 64 | |
| abstain | Total Seats: 0 |
| Random fact: Jelbic = "Group of cultures with an overall Central Asian/Eurasian steppe theme, using a fictional language developed specifically for Particracy". |
| Random quote: "It is dangerous to be right when the government is wrong." - Voltaire |