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Bill: Income tax proposal of May 2773
Details
Submitted by[?]: Federal Republican Party (ZC)
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: January 2774
Description[?]:
| The Federal Republican Party propose to adjust the government's income tax policy to better address the economic situation of the Federation 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 |
| > 600 ZAR | 16% | 3,211,000,000 ZAR |
| > 950 ZAR | 17% | 2,437,000,000 ZAR |
| > 1,200 ZAR | 20% | 6,307,000,000 ZAR |
| > 1,750 ZAR | 22% | 3,153,000,000 ZAR |
| > 2,000 ZAR | 24% | 10,320,000,000 ZAR |
| > 2,750 ZAR | 26% | 6,708,000,000 ZAR |
| > 3,200 ZAR | 28% | 14,448,000,000 ZAR |
| > 4,100 ZAR | 31% | 19,551,000,000 ZAR |
| > 5,200 ZAR | 33% | 34,056,000,000 ZAR |
| > 7,000 ZAR | 36% | 61,920,000,000 ZAR |
| > 10,000 ZAR | 38% | 43,574,000,000 ZAR |
| > 12,000 ZAR | 39% | 67,080,000,000 ZAR |
| > 15,000 ZAR | 40% | 833,679,000,000 ZAR | Total | 1,106,444,000,000 ZAR |
Debate
These messages have been posted to debate on this bill:
| Date | 05:56:24, June 18, 2009 CET | From |  Federal Republican Party (ZC) | To | Debating the Income tax proposal of May 2773 |
| Message | OOC: Previous Numbers: Income Taxes Bracket Tax Revenue > 8,500 ZAR 10% 490,588,952,669 ZAR > 32,000 ZAR 16% 550,501,376,917 ZAR > 75,000 ZAR 28% 313,307,300,586 ZAR > 140,000 ZAR 32% 63,751,328,750 ZAR Total 1,418,148,958,922 ZAR |
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Voting
| Vote | Seats | |||
| yes |
Total Seats: 457 | |||
| no | Total Seats: 0 | |||
| abstain |
Total Seats: 143 |
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