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Bill: Income tax proposal of April 2120
Details
Submitted by[?]: Anarcho-Punks
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 2120
Description[?]:
| Tax relief for everybody! Yay! |
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 |
| > 2,657 BDR | 1% | 1,521,000,000 BDR |
| > 5,314 BDR | 5% | 22,816,000,000 BDR |
| > 13,286 BDR | 9% | 68,439,000,000 BDR |
| > 26,571 BDR | 15% | 219,867,000,000 BDR |
| > 53,143 BDR | 20% | 366,519,000,000 BDR |
| > 106,285 BDR | 25% | 228,073,000,000 BDR |
| > 199,999 BDR | 30% | 29,701,000,000 BDR | Total | 936,936,000,000 BDR |
Debate
These messages have been posted to debate on this bill:
| Date | 04:06:18, October 04, 2005 CET | From | Union of Progressive Ulama | To | Debating the Income tax proposal of April 2120 |
| Message | Our deficit is already billions of badar, so the Sultanate can't afford a tax cut at this time. |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 229 | ||||
| no |
Total Seats: 412 | ||||
| abstain | Total Seats: 109 |
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