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Bill: Tax proposal of October 2892
Details
Submitted by[?]: New Liberty Party
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: June 2893
Description[?]:
The Liberty Party propose to adjust the government's income tax policy to better address the economic situation of the Cildanian Republic. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 67
Current: 40
Proposed: 0
Article 2
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 50
Current: 2
Proposed: 0
Article 3
Proposal[?] to change Sales tax on luxury goods.
Old value:: 50
Current: 7
Proposed: 0
Article 4
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 |
> 1 CDC | 11% | 292,655,000,000 CDC | Total | 292,655,000,000 CDC |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | ||
yes |
Total Seats: 76 | ||
no |
Total Seats: 25 | ||
abstain | Total Seats: 0 |
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