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Bill: Income tax proposal in conjunction with spending proposal
Details
Submitted by[?]: Progressive Workers Union (PWU)
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 2624
Description[?]:
The Progressive Workers Union (PWU) propose to adjust the government's income tax policy to better address the economic situation of the Grand Federation of Pontesi. it will decrease tax for the working class and add a new braket, overall it will raise tax revenue. it will go along with a cut in spening from my othe proposal. |
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 |
> 25,000 PON | 4% | 29,551,000,000 PON |
> 50,000 PON | 15% | 68,271,000,000 PON |
> 80,000 PON | 20% | 35,739,000,000 PON |
> 100,000 PON | 23% | 37,016,000,000 PON | Total | 170,577,000,000 PON |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | ||
yes | Total Seats: 0 | ||
no |
Total Seats: 75 | ||
abstain | Total Seats: 239 |
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