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Bill: Income tax proposal of March 2385
Details
Submitted by[?]: Communist Workers Committee (KCCP)
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: March 2387
Description[?]:
| The Liberty Party propose to adjust the government's income tax policy to better address the economic situation of the Federated Hegemony of New 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 |
| > 40,000 NED | 23% | 234,246,000,000 NED |
| > 60,000 NED | 50% | 353,306,000,000 NED |
| > 80,000 NED | 70% | 391,657,000,000 NED |
| > 100,000 NED | 90% | 1,685,268,000,000 NED | Total | 2,664,477,000,000 NED |
Debate
These messages have been posted to debate on this bill:
| Date | 23:45:11, April 06, 2007 CET | From | Communist Workers Committee (KCCP) | To | Debating the Income tax proposal of March 2385 |
| Message | reducing the tax burden on the poorest. |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 490 | |||
| no | Total Seats: 0 | |||
| abstain |
Total Seats: 176 |
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