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Bill: Income tax proposal of February 2316
Details
Submitted by[?]: Progressive Conservatives
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: October 2316
Description[?]:
| The United Endralon propose to adjust the government's income tax policy to better address the economic situation of the Republic of Endralon. |
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 |
| > 1,000 END | 1% | 2,334,000,000 END |
| > 5,000 END | 15% | 31,581,000,000 END |
| > 10,000 END | 20% | 17,319,000,000 END |
| > 15,000 END | 22% | 11,124,000,000 END |
| > 20,000 END | 25% | 6,342,000,000 END |
| > 25,000 END | 28% | 4,522,000,000 END |
| > 30,000 END | 29% | 2,544,000,000 END |
| > 40,000 END | 40% | 0 END | Total | 75,766,000,000 END |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |||
| yes | Total Seats: 128 | |||
| no |
Total Seats: 297 | |||
| abstain | Total Seats: 75 |
| Random fact: You can inactivate yourself on your User Page. You will then lose all your seats but your party account won't be deleted, and your party's Visibility ratings will not diminish. Reactivation can be requested in the "Reactivation Requests" thread in the Game Moderation section of the Particracy Forum. |
| Random quote: "It all came from there." - Lech Walesa (pointing to a TV when a reporter asked him why communism fell) |