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Bill: Income tax proposal of March 2550
Details
Submitted by[?]: Brabantic Freedom 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: November 2550
Description[?]:
| The Brabantic Freedom Party propose to adjust the government's income tax policy to better address the economic situation of the Free Federation of Zardugal. |
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 | 2% | 5,725,000,000 ZAR |
| > 10,000 ZAR | 5% | 53,648,000,000 ZAR |
| > 30,000 ZAR | 9% | 69,953,000,000 ZAR |
| > 60,000 ZAR | 15% | 41,188,000,000 ZAR |
| > 90,000 ZAR | 22% | 29,354,000,000 ZAR |
| > 120,000 ZAR | 27% | 29,313,000,000 ZAR | Total | 229,181,000,000 ZAR |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||||
| yes |
Total Seats: 280 | ||||
| no |
Total Seats: 95 | ||||
| abstain | Total Seats: 26 |
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