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Bill: Income tax proposal of November 2474
Details
Submitted by[?]: Vanuku Corporate Alliance
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: August 2476
Description[?]:
| The Vanuku Corporate Alliance propose to adjust the government's income tax policy to better address the economic situation of the National Corporation of Vanuku. We are currently running a budget deficit. We propose a modest tax increase to make up the difference. Note that this will only be necessary unless our luxury tax proposal passes, so we urge the Board of Directors to make the right decision on that vote. |
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 VAN | 30% | 835,307,000,000 VAN | Total | 835,307,000,000 VAN |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |||
| yes | Total Seats: 399 | |||
| no |
Total Seats: 165 | |||
| abstain | Total Seats: 186 |
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