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Bill: Income tax proposal of May 2974
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: January 2975
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 maximum proposal quota a party can accumulate.
Old value:: 5
Current: 24
Proposed: 5
Article 2
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 5
Current: 19
Proposed: 6
Article 3
Proposal[?] to change Travel by nationals to foreign nations
Old value:: The nation issues passports on demand for any reason to its nationals
Current: The nation issues passports on demand for any reason to its nationals
Proposed: The nation issues passports to nationals after a cursory security check.
Article 4
Proposal[?] to change Sales tax on luxury goods.
Old value:: 10
Current: 19
Proposed: 12
Article 5
Proposal[?] to change The government's policy on public nudity.
Old value:: Public nudity is illegal, but private nudist colonies and beaches are permitted.
Current: Public nudity is illegal, but private nudist colonies and beaches are permitted.
Proposed: Public nudity is illegal and prosecuted as a civil offence.
Article 6
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% | 4,473,000,000 EGP |
| > 20,000 EGP | 7% | 5,868,000,000 EGP |
| > 28,000 EGP | 16% | 6,188,000,000 EGP |
| > 40,000 EGP | 25% | 2,631,000,000 EGP | Total | 19,160,000,000 EGP |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes |
Total Seats: 750 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
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