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Bill: Income tax proposal of July 2455
Details
Submitted by[?]: Pashuran Valley Independence Party
Status[?]: defeated
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: March 2456
Description[?]:
The Pashuran Valley Independence Party propose to adjust the government's income tax policy to better address the economic situation of the République Democratique de Saridan. |
Proposals
Article 1
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 5
Current: 0
Proposed: 4
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 8
Current: 21
Proposed: 6
Article 3
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 SAD | 6% | 30,549,000,000 SAD |
> 20,000 SAD | 7% | 31,923,000,000 SAD |
> 40,000 SAD | 7% | 11,521,000,000 SAD |
> 60,000 SAD | 8% | 2,922,000,000 SAD |
> 80,000 SAD | 10% | 392,000,000 SAD | Total | 77,307,000,000 SAD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |||
yes | Total Seats: 65 | |||
no | Total Seats: 120 | |||
abstain |
Total Seats: 80 |
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