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Bill: Income tax proposal of December 2967
Details
Submitted by[?]: Partido Lariano Nacional
Status[?]: passed
Votes: This bill asks for an amendement to the Constitution. It will require two-thirds of the legislature to vote in favor. This bill will not pass any sooner than the deadline.
Voting deadline: August 2968
Description[?]:
| The Partido Alessandrista Reformado propose to adjust the government's income tax policy to better address the economic situation of the Federal Republic of Egelion. |
Proposals
Article 1
Proposal[?] to change The number of proposals a party can introduce per year (will be handed out as a monthly quota).
Old value:: 20
Current: 6
Proposed: 1
Article 2
Proposal[?] to change The maximum proposal quota a party can accumulate.
Old value:: 24
Current: 24
Proposed: 5
Article 3
Proposal[?] to change Education in prisons.
Old value:: An education plan for prisoners is provided to improve rehabilitation.
Current: Prisoners are not given any form of education.
Proposed: Prisoners are not given any form of education.
Article 4
Proposal[?] to change The total number of seats in the legislative assembly. Should be between 75 and 750.
Old value:: 75
Current: 125
Proposed: 750
Article 5
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 |
| > 15,000 EGP | 5% | 4,467,000,000 EGP |
| > 20,000 EGP | 7% | 5,860,000,000 EGP |
| > 28,000 EGP | 16% | 6,181,000,000 EGP |
| > 40,000 EGP | 50% | 5,262,000,000 EGP | Total | 21,770,000,000 EGP |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes | Total Seats: 75 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
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