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Bill: Income tax proposal of March 2591
Details
Submitted by[?]: Cildanian Workers Coalition
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: December 2591
Description[?]:
The Cildanian Workers Coalition propose to adjust the government's income tax policy to better address the economic situation of the Cildanian Republic. This follows on from our pledge to ensure taxation policy becomes as indirect as possible. |
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 |
> 30,000 CDC | 3% | 31,526,000,000 CDC | Total | 31,526,000,000 CDC |
Debate
These messages have been posted to debate on this bill:
Date | 18:54:32, June 13, 2008 CET | From | Progressive Liberal Party | To | Debating the Income tax proposal of March 2591 |
Message | We agree with this lowering of taxes since the emergency situation they were set for is now fading. In order to comply with the Budget Balancing Act, we will also support the new budget proposed by the CWC. |
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Voting
Vote | Seats | ||||
yes | Total Seats: 58 | ||||
no | Total Seats: 0 | ||||
abstain |
Total Seats: 117 |
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