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Bill: Income tax proposal of July 2927
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 not pass any sooner than the deadline.
Voting deadline: March 2928
Description[?]:
| The Federal Republican Party (ZC) propose to adjust the government's income tax policy to better address the economic situation of the Federation of Zardugal. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 7
Current: 30
Proposed: 4
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 13
Current: 8
Proposed: 11
Article 3
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 ZAR | 33% | 9,478,000,000 ZAR |
| > 1,000 ZAR | 38% | 1,099,022,000,000 ZAR | Total | 1,108,500,000,000 ZAR |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |||
| yes | Total Seats: 513 | |||
| no | Total Seats: 0 | |||
| abstain | Total Seats: 87 |
| Random fact: Periodically, it is a good idea to go through your nation's Treaties and arrange to withdraw from any that are unwanted. |
| Random quote: "It does me no injury for my neighbor to say there are twenty gods or no god. It neither picks my pocket nor breaks my leg." - Thomas Jefferson |