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Bill: Income tax proposal of May 2533
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: January 2534
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. We need it to face the increase of the budget 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 |
| > 5,000 ZAR | 6% | 17,214,000,000 ZAR |
| > 10,000 ZAR | 13% | 37,298,000,000 ZAR |
| > 15,000 ZAR | 14% | 40,167,000,000 ZAR |
| > 20,000 ZAR | 15% | 41,053,000,000 ZAR |
| > 25,000 ZAR | 16% | 36,464,000,000 ZAR |
| > 30,000 ZAR | 21% | 128,243,000,000 ZAR |
| > 50,000 ZAR | 24% | 69,140,000,000 ZAR |
| > 70,000 ZAR | 27% | 57,658,000,000 ZAR |
| > 100,000 ZAR | 29% | 44,344,000,000 ZAR |
| > 150,000 ZAR | 30% | 5,313,000,000 ZAR |
| > 170,000 ZAR | 32% | 1,818,000,000 ZAR |
| > 180,000 ZAR | 34% | 1,931,000,000 ZAR |
| > 190,000 ZAR | 35% | 930,000,000 ZAR | Total | 481,573,000,000 ZAR |
Debate
These messages have been posted to debate on this bill:
| Date | 16:00:02, February 17, 2008 CET | From |  Cult of the Yellow Sky | To | Debating the Income tax proposal of May 2533 |
| Message | Wartime only. |
| Date | 16:02:17, February 17, 2008 CET | From | People Party | To | Debating the Income tax proposal of May 2533 |
| Message | Sure...wartime only.. I need the votes of all of you. I'll explain: +243 billion +240 budget |
| Date | 16:05:57, February 17, 2008 CET | From | Saiserist League | To | Debating the Income tax proposal of May 2533 |
| Message | Even we agree. No need to exacerbate our economy even longer than necessary. But be careful, we might start a 'taxation race' with Cobura. |
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Voting
| Vote | Seats | |||||
| yes |
Total Seats: 323 | |||||
| no | Total Seats: 0 | |||||
| abstain | Total Seats: 78 |
| Random fact: Did you know you can change the official name of your nation? All you need to do is draw up a new name that is in accordance with the Nation Renaming Guide, pass a bill proposing the name change with a two-thirds majority and then post a request to Moderation on the "Renaming Requests" thread. You can change city and region names in this way too. |
| Random quote: "Dictators ride to and fro upon tigers which they dare not dismount. And the tigers are getting hungry." - Winston Churchill |