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Bill: Income tax proposal of June 2811
Details
Submitted by[?]: Loyalist Front (IA)
Status[?]: passed
Votes: This bill proposes to change income taxes. It requires more than half of the legislature to vote yes. This bill will not pass any sooner than the deadline.
Voting deadline: February 2812
Description[?]:
| The Liberal Coalition propose to adjust the government's income tax policy to better address the economic situation of the Medinat Yeudi Hadash haBeiteynu. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 50
Current: 18
Proposed: 0
Article 2
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 |
| > 10,000 BEI | 10% | 57,496,000,000 BEI |
| > 20,000 BEI | 14% | 78,780,000,000 BEI |
| > 30,000 BEI | 18% | 62,413,000,000 BEI |
| > 40,000 BEI | 20% | 50,500,000,000 BEI |
| > 50,000 BEI | 22% | 41,367,000,000 BEI |
| > 60,000 BEI | 26% | 43,511,000,000 BEI |
| > 70,000 BEI | 28% | 41,954,000,000 BEI |
| > 80,000 BEI | 30% | 39,068,000,000 BEI |
| > 90,000 BEI | 32% | 38,280,000,000 BEI |
| > 100,000 BEI | 41% | 138,760,000,000 BEI | Total | 592,129,000,000 BEI |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||
| yes |
Total Seats: 179 | ||
| no |
Total Seats: 21 | ||
| abstain | Total Seats: 0 |
| Random fact: Jelbic = "Group of cultures with an overall Central Asian/Eurasian steppe theme, using a fictional language developed specifically for Particracy". |
| Random quote: "I am thankful for the taxes I pay because it means that I'm employed." - Nancie J. Carmody |