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Bill: Income tax proposal of December 3330
Details
Submitted by[?]: New Democratic 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: August 3331
Description[?]:
The New Democratic Party propose to adjust the government's income tax policy to better address the economic situation of the Federation of Zardugal. |
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 |
> 500 ZAR | 2% | 573,000,000 ZAR |
> 1,000 ZAR | 8% | 6,870,000,000 ZAR |
> 2,500 ZAR | 14% | 20,039,000,000 ZAR |
> 5,000 ZAR | 20% | 57,253,000,000 ZAR |
> 10,000 ZAR | 24% | 202,954,000,000 ZAR |
> 25,000 ZAR | 28% | 234,285,000,000 ZAR |
> 50,000 ZAR | 32% | 219,317,000,000 ZAR | Total | 741,291,000,000 ZAR |
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 |
Random fact: Cultural Protocols should generally be reflective of RP conducted within the nation and should not significantly alter or modify the ethnic, religious or linguistic composition without considerable and reasonable role-play or other justification. |
Random quote: "The test of courage comes when we are in the minority. The test of tolerance comes when we are in the majority." - Ralph W. Sockman |