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Bill: Income tax proposal of November 2668
Details
Submitted by[?]: Capitalist Party of Zardugal
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: July 2669
Description[?]:
The Capitalist Party of Zardugal propose to adjust the government's income tax policy to better address the economic situation of the United Realms of Zardugal. |
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 |
> 5,500 ZAR | 5% | 12,884,000,000 ZAR |
> 10,000 ZAR | 5% | 28,632,000,000 ZAR |
> 20,000 ZAR | 5% | 29,084,000,000 ZAR |
> 32,000 ZAR | 5% | 51,463,000,000 ZAR |
> 100,000 ZAR | 4% | 4,428,000,000 ZAR |
> 130,000 ZAR | 3% | 1,796,000,000 ZAR |
> 170,000 ZAR | 2% | 282,000,000 ZAR | Total | 128,569,000,000 ZAR |
Debate
These messages have been posted to debate on this bill:
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Vote | Seats | ||||
yes |
Total Seats: 469 | ||||
no | Total Seats: 131 | ||||
abstain | Total Seats: 0 |
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