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Bill: Tax proposal of October 2937
Details
Submitted by[?]: Seluciani Factio Liberalis
Status[?]: defeated
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 2938
Description[?]:
| The Selucianus Communem Partitus propose to adjust the government's income tax policy to better address the economic situation of the Selucia. |
Proposals
Article 1
Proposal[?] to change Sales tax on luxury goods.
Old value:: 5
Current: 30
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 |
| > 100 SEN | 1% | 228,000,000 SEN |
| > 500 SEN | 2% | 571,000,000 SEN |
| > 1,000 SEN | 3% | 6,735,000,000 SEN |
| > 5,000 SEN | 4% | 6,541,000,000 SEN |
| > 10,000 SEN | 5% | 8,341,000,000 SEN | Total | 22,416,000,000 SEN |
Debate
These messages have been posted to debate on this bill:
| Date | 08:02:08, May 14, 2010 CET | From | Conservative Party | To | Debating the Tax proposal of October 2937 |
| Message | the CP opposes the progressive tax and has since this party abolished it almost decades ago. a VAT on luxury goods is able to supply our needs. one the CP gain a majority in the past, we took down the budge from more than 400 billion SEN to under 60 billion which it remains. |
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Voting
| Vote | Seats | |||||
| yes | Total Seats: 144 | |||||
| no |
Total Seats: 606 | |||||
| abstain | Total Seats: 0 |
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