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Bill: Income tax proposal of April 2889
Details
Submitted by[?]: Communist Party of Badara (LL)
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: December 2889
Description[?]:
The Social Democrat Party of Badara propose to adjust the government's income tax policy to better address the economic situation of the United Badaran Emirates. |
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 |
> 500 BDR | 5% | 27,189,000,000 BDR |
> 10,000 BDR | 6% | 51,516,000,000 BDR |
> 25,000 BDR | 7% | 97,677,000,000 BDR |
> 50,000 BDR | 8% | 148,549,000,000 BDR |
> 100,000 BDR | 9% | 101,767,000,000 BDR |
> 250,000 BDR | 15% | 2,489,000,000 BDR | Total | 429,187,000,000 BDR |
Debate
These messages have been posted to debate on this bill:
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Vote | Seats | ||
yes | Total Seats: 76 | ||
no | Total Seats: 53 | ||
abstain | Total Seats: 14 |
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