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Bill: Income tax proposal of May 2694
Details
Submitted by[?]: national labor 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: January 2695
Description[?]:
The national labor party propose to adjust the government's income tax policy to better address the economic situation of the Republic of Cobura. |
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 |
> 4,500 COB | 15% | 24,064,000,000 COB |
> 8,000 COB | 14% | 13,802,000,000 COB |
> 12,000 COB | 11% | 2,991,000,000 COB |
> 14,000 COB | 21% | 6,703,000,000 COB |
> 18,000 COB | 22% | 4,192,000,000 COB |
> 25,000 COB | 31% | 1,164,000,000 COB |
> 30,000 COB | 35% | 799,000,000 COB |
> 34,000 COB | 47% | 657,000,000 COB | Total | 54,372,000,000 COB |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |||||
yes |
Total Seats: 56 | |||||
no |
Total Seats: 328 | |||||
abstain |
Total Seats: 116 |
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Random quote: "The only people who would be hurt by abandoning the Kyoto Protocol would be several thousand people who make a living attending conferences on global warming." - Kirill Kondratyev |