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Bill: Income tax proposal of January 2548
Details
Submitted by[?]: Technocrat Bloc
Status[?]: defeated
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: April 2549
Description[?]:
The Technocrat Bloc propose to adjust the government's income tax policy to better address the economic situation of the Republic of Egelion. |
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 |
> 3,000 EGP | 7% | 51,911,000,000 EGP | Total | 51,911,000,000 EGP |
Debate
These messages have been posted to debate on this bill:
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Vote | Seats | |||||
yes |
Total Seats: 138 | |||||
no |
Total Seats: 247 | |||||
abstain | Total Seats: 16 |
Random fact: Parties have the ability to endorse another party's candidate for the Head of State election (if there is one). This adds a strategic element to the elections. |
Random quote: "The most certain test by which we judge whether a country is really free is the amount of security enjoyed by minorities." - John Dalberg-Acton |