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Bill: Income tax proposal of January 3338
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: September 3338
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 |
| > 1,000 ZAR | 4% | 3,433,000,000 ZAR |
| > 2,500 ZAR | 9% | 12,872,000,000 ZAR |
| > 5,000 ZAR | 14% | 40,046,000,000 ZAR |
| > 10,000 ZAR | 18% | 152,096,000,000 ZAR |
| > 25,000 ZAR | 22% | 183,947,000,000 ZAR |
| > 50,000 ZAR | 25% | 125,106,000,000 ZAR |
| > 100,000 ZAR | 28% | 51,664,000,000 ZAR | Total | 569,164,000,000 ZAR |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||
| yes |
Total Seats: 386 | ||
| no | Total Seats: 0 | ||
| abstain |
Total Seats: 364 |
| Random fact: You can inactivate yourself on your User Page. You will then lose all your seats but your party account won't be deleted, and your party's Visibility ratings will not diminish. Reactivation can be requested in the "Reactivation Requests" thread in the Game Moderation section of the Particracy Forum. |
| Random quote: "A man who has no office to go to - I don't care who he is - is a trial of which you can have no conception." - George Bernard Shaw |