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Bill: The Real Income Tax Reform
Details
Submitted by[?]: Oh Gnoez Party
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: November 2624
Description[?]:
Finance Minister Fritz von Planck has drawn up a broad tax-cut of 2% for all of Pontesi. With the PON 86.942 billion coming in from the sales tax on luxury goods, this will result in a very small surplus when combined with the proposed Spending Reform. |
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 | 3% | 22,192,000,000 PON |
> 50,000 PON | 13% | 59,221,000,000 PON |
> 80,000 PON | 18% | 61,196,000,000 PON | Total | 142,609,000,000 PON |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |||
yes | Total Seats: 75 | |||
no | Total Seats: 0 | |||
abstain | Total Seats: 239 |
Random fact: Whilst the use of non-English languages can be appropriate for nation names, party names, constitutional titles and other variables, English is the official language of communication in the game. All descriptive texts and public communications should be in English or at least appear alongside a full English translation. |
Random quote: "We are told that this is an odious and unpopular tax. I never knew a tax that was not odious and unpopular with the people who paid it." - John Sherman |