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Bill: Income tax proposal of July 3113
Details
Submitted by[?]: Partij voor de Bevrijding van het Volk
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 3114
Description[?]:
| The Partij voor de Bevrijding van het Volk propose to adjust the government's income tax policy to better address the economic situation of the Tweede Republiek Vanuku. |
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 |
| > 5,000 VAN | 2% | 5,829,000,000 VAN |
| > 10,000 VAN | 7% | 40,806,000,000 VAN |
| > 20,000 VAN | 14% | 92,481,000,000 VAN |
| > 35,000 VAN | 20% | 69,732,000,000 VAN |
| > 50,000 VAN | 28% | 86,768,000,000 VAN |
| > 75,000 VAN | 34% | 60,517,000,000 VAN |
| > 100,000 VAN | 42% | 49,998,000,000 VAN | Total | 406,131,000,000 VAN |
Debate
These messages have been posted to debate on this bill:
| Date | 05:03:03, April 30, 2011 CET | From | Partij voor de Bevrijding van het Volk | To | Debating the Income tax proposal of July 3113 |
| Message | This proposal decreases the burden on those in the lower brackets and shifts the burden to those who take more from society. Further, it increases income in the deficit budget that was implemented by the preceding government. |
| Date | 05:08:20, April 30, 2011 CET | From | Partij voor de Bevrijding van het Volk | To | Debating the Income tax proposal of July 3113 |
| Message | Income taxes will be slowly increased by the government to increase revenue. Three increases will be implemented before the next election |
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Voting
| Vote | Seats | |
| yes | Total Seats: 69 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 31 |
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