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Bill: Income Tax Proposal of October 3257
Details
Submitted by[?]: Minzhu Shehui Zhuyi Dang
Status[?]: defeated
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 3260
Description[?]:
| The Minzhu Shehui Zhuyi Dang propose to adjust the government's income tax policy to better address the economic situation of the Great Empire of Indrala. |
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 |
| > 10,000 INS | 5% | 29,342,000,000 INS |
| > 20,000 INS | 10% | 117,366,000,000 INS |
| > 40,000 INS | 20% | 217,106,000,000 INS |
| > 60,000 INS | 30% | 247,082,000,000 INS |
| > 80,000 INS | 40% | 232,777,000,000 INS |
| > 100,000 INS | 50% | 714,269,000,000 INS | Total | 1,557,942,000,000 INS |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |||
| yes |
Total Seats: 293 | |||
| no | Total Seats: 335 | |||
| abstain |
Total Seats: 0 |
| Random fact: Before creating a party organisation, check to see whether there are any existing organisations which cover the same agenda. |
| Random quote: "The trouble with unemployment is that the minute you wake up in the morning you're on the job." - Slappy White |