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Bill: Surplus and Flat Tax Act
Details
Submitted by[?]: Valruzian Republican Party
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: November 2260
Description[?]:
| The Valruzian Republican Party propose to adjust the government's income tax policy to better address the economic situation of the Valruzian Federation. |
Proposals
Article 1
Proposal[?] to change Sales tax on luxury goods.
Old value:: .5
Current: 15
Proposed: 0
Article 2
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 |
| > 19,500 VPO | 13% | 107,734,000,000 VPO | Total | 107,734,000,000 VPO |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||
| yes | Total Seats: 56 | ||
| no | Total Seats: 21 | ||
| abstain | Total Seats: 19 |
| Random fact: "Treaty-locking", or ratifiying treaties that completely or nearly completely forbid any proposals to change laws, is not allowed. Amongst other possible sanctions, Moderation reserves the discretion to delete treaties and/or subject parties to a seat reset if this is necessary in order to reverse a treaty-lock situation. |
| Random quote: "The theory of Communism may be summed up in the single sentence: abolition of private property." - Karl Marx |