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Bill: Financial Reform 2530: Income tax
Details
Submitted by[?]: People 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: July 2531
Description[?]:
| The People Party propose to adjust the government's income tax policy to better address the economic situation of the Free Federation of Zardugal. To finance the Operation Polarity there is the need to raise slightly personnel taxes, but without hitting too much our citizens. |
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 |
| > 5,000 ZAR | 3% | 8,587,000,000 ZAR |
| > 10,000 ZAR | 8% | 22,898,000,000 ZAR |
| > 15,000 ZAR | 9% | 25,760,000,000 ZAR |
| > 20,000 ZAR | 10% | 27,306,000,000 ZAR |
| > 25,000 ZAR | 12% | 27,286,000,000 ZAR |
| > 30,000 ZAR | 16% | 97,479,000,000 ZAR |
| > 50,000 ZAR | 19% | 54,639,000,000 ZAR |
| > 70,000 ZAR | 22% | 46,889,000,000 ZAR |
| > 100,000 ZAR | 24% | 36,665,000,000 ZAR |
| > 150,000 ZAR | 26% | 4,615,000,000 ZAR |
| > 170,000 ZAR | 27% | 1,539,000,000 ZAR |
| > 180,000 ZAR | 29% | 1,653,000,000 ZAR |
| > 190,000 ZAR | 30% | 800,000,000 ZAR | Total | 356,116,000,000 ZAR |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||||
| yes |
Total Seats: 218 | ||||
| no |
Total Seats: 72 | ||||
| abstain |
Total Seats: 63 |
| Random fact: Party organizations are eligible for deletion if they are over 50 in-game years old, do not have at least 1 active member or are historically significant and possess historically significant information. |
| Random quote: "The whole uncivilized bunch on the opposite benches can get stuffed." - Craig Warwick, former Dranian politician |