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Bill: Income tax proposal of June 2113
Details
Submitted by[?]: National Libertarian 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: August 2114
Description[?]:
| The National Libertarian Party propose to adjust the government's income tax policy to better address the economic situation of the Federal Union of Gaduridos. |
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 |
| > 14,500 GAD | 5% | 46,943,000,000 GAD |
| > 30,675 GAD | 15% | 37,656,000,000 GAD |
| > 35,000 GAD | 16% | 244,715,000,000 GAD |
| > 61,350 GAD | 18% | 609,790,000,000 GAD |
| > 122,699 GAD | 23% | 1,095,615,000,000 GAD |
| > 400,000 GAD | 28% | 146,066,000,000 GAD | Total | 2,180,785,000,000 GAD |
Debate
These messages have been posted to debate on this bill:
| Date | 02:06:57, September 20, 2005 CET | From | Democratic Centre Party of Gaduridos | To | Debating the Income tax proposal of June 2113 |
| Message | We'd be happy to support this proposal. |
| Date | 05:42:59, September 20, 2005 CET | From | National Libertarian Party | To | Debating the Income tax proposal of June 2113 |
| Message | We would like to note that this gives a HUGE advantage to the lower classes, while lowering the taxes payed by the middle class |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 256 | ||||
| no | Total Seats: 0 | ||||
| abstain |
Total Seats: 143 |
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