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Bill: Income tax proposal of April 5478
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: December 5478
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% | 8,604,000,000 BDR |
| > 15,000 BDR | 6% | 17,207,000,000 BDR |
| > 20,000 BDR | 8% | 22,943,000,000 BDR |
| > 25,000 BDR | 10% | 139,828,000,000 BDR |
| > 50,000 BDR | 12% | 136,489,000,000 BDR |
| > 75,000 BDR | 15% | 108,481,000,000 BDR |
| > 100,000 BDR | 20% | 41,957,000,000 BDR |
| > 110,000 BDR | 22% | 55,128,000,000 BDR |
| > 125,000 BDR | 25% | 78,660,000,000 BDR |
| > 150,000 BDR | 33% | 57,796,000,000 BDR |
| > 175,000 BDR | 36% | 23,790,000,000 BDR |
| > 190,000 BDR | 39% | 13,373,000,000 BDR |
| > 200,000 BDR | 41% | 22,298,000,000 BDR |
| > 225,000 BDR | 49% | 21,896,000,000 BDR | Total | 748,450,000,000 BDR |
Debate
These messages have been posted to debate on this bill:
| Date | 00:21:58, May 03, 2024 CET | From |   Hizb al-Ishtiraki al-Dimuqrati | To | Debating the Income tax proposal of April 5478 |
| Message | Changes: >20,000 BDR: 9% to 8% >25,000 BDR: 12% to 10% >50,000 BDR: 18% to 12% >75,000 BDR: 20% to 15% >100,000 BDR: 22% to 20% >110,000 BDR: 25% to 22% >125,000 BDR: 30% to 25% >250,000 BDR: 60%, ELIMINATED Total change in revenue: -164,073,272,920 (910,661,272,920 BDR to 746,588,000,000 BDR) |
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Voting
| Vote | Seats | |
| yes | Total Seats: 205 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
| Random fact: Treaties will be eligible for deletion if they are more than 50 in-game years old and have no currently ratified members. |
| Random quote: "The honest politician is one who, when he is bought, stays bought." - Simon Cameron |