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Bill: Income tax proposal of July 3304
Details
Submitted by[?]: Endralon Graenix Party
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 3305
Description[?]:
| The Endralon Graenix Party propose to adjust the government's income tax policy to better address the economic situation of the Republic of Endralon. This bill reflects coming changes with the budget by way of smaller government. The bill proposes an across-the-board tax cut for all Endralonians. |
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 |
| > 3,000 END | 12% | 20,741,000,000 END |
| > 6,000 END | 24% | 47,731,000,000 END |
| > 12,000 END | 35% | 40,277,000,000 END |
| > 24,000 END | 50% | 14,243,000,000 END | Total | 122,992,000,000 END |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||
| yes |
Total Seats: 158 | ||
| no | Total Seats: 0 | ||
| abstain |
Total Seats: 143 |
| Random fact: Once approved, players should copy Cultural Protocols into a bill in the debate section of their nation page, under the title of "OOC: Cultural Protocols". This bill should include links to the passed Cultural Protocol bill and the Moderation approval. |
| Random quote: "The only place where democracy comes before work is in the dictionary." - Ralph Nader |