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Bill: Income tax proposal of July 2137
Details
Submitted by[?]: Union of Progressive Ulama
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: March 2138
Description[?]:
The Union of Progressive Ulama (LHR) propose to adjust the government's income tax policy to better address the economic situation of the Sultanate of Al'Badara. |
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 |
> 5,314 BDR | 7% | 31,898,000,000 BDR |
> 13,286 BDR | 11% | 83,533,000,000 BDR |
> 26,571 BDR | 19% | 278,115,000,000 BDR |
> 53,143 BDR | 29% | 530,686,000,000 BDR |
> 106,285 BDR | 39% | 355,352,000,000 BDR |
> 199,999 BDR | 49% | 48,439,000,000 BDR | Total | 1,328,023,000,000 BDR |
Debate
These messages have been posted to debate on this bill:
Date | 21:28:01, November 07, 2005 CET | From | Union of Progressive Ulama | To | Debating the Income tax proposal of July 2137 |
Message | Lowest tax bracket eliminated altogether, all others reduced by 1%. This tax cut is financed by a reduction in the defence budget. |
Date | 02:24:50, November 08, 2005 CET | From | Nilhist Party | To | Debating the Income tax proposal of July 2137 |
Message | I like. |
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Voting
Vote | Seats | |||||
yes |
Total Seats: 394 | |||||
no | Total Seats: 0 | |||||
abstain | Total Seats: 356 |
Random fact: Bill descriptions must be in English, or at least include a full English translation. Bill titles may appear in a language that is appropriate to the nation and are not required to be translated into English. |
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 |