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Bill: Income tax proposal of July 2425
Details
Submitted by[?]: Coburan Reform 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 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 2426
Description[?]:
| The Crazy Ruairi Party propose to adjust the government's income tax policy to better address the economic situation of the Republic of Cobura. |
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 COB | 1% | 1,139,000,000 COB |
| > 3,000 COB | 4% | 4,510,000,000 COB |
| > 5,000 COB | 8% | 19,169,000,000 COB |
| > 12,500 COB | 12% | 7,296,000,000 COB |
| > 20,000 COB | 24% | 3,112,000,000 COB |
| > 30,000 COB | 25% | 923,000,000 COB | Total | 36,149,000,000 COB |
Debate
These messages have been posted to debate on this bill:
| Date | 15:30:48, July 08, 2007 CET | From |  Coburan Reform Party | To | Debating the Income tax proposal of July 2425 |
| Message | Its time to cut taxes |
| Date | 17:17:30, July 08, 2007 CET | From | Party for Individualism and Kitties | To | Debating the Income tax proposal of July 2425 |
| Message | true words. |
| Date | 18:20:09, July 08, 2007 CET | From | Democratic Labour Party of Cobura | To | Debating the Income tax proposal of July 2425 |
| Message | We have to be carefull not to damage duture spending on the things that matter. |
| Date | 19:50:19, July 08, 2007 CET | From | Party for Individualism and Kitties | To | Debating the Income tax proposal of July 2425 |
| Message | i think the budget still is healthy enough. |
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Voting
| Vote | Seats | |||||
| yes |
Total Seats: 349 | |||||
| no | Total Seats: 0 | |||||
| abstain | Total Seats: 151 |
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