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Bill: Income tax proposal of November 3338
Details
Submitted by[?]: Partido Libertad y Justicia
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: July 3339
Description[?]:
| The Partido Libertad y Justicia propose to adjust the government's income tax policy to better address the economic situation of the República de Egelion. |
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 EGP | 40% | 101,292,000,000 EGP |
| > 10,000 EGP | 45% | 136,297,000,000 EGP |
| > 25,000 EGP | 50% | 16,574,000,000 EGP |
| > 30,000 EGP | 55% | 21,424,000,000 EGP | Total | 275,587,000,000 EGP |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||
| yes | Total Seats: 301 | ||
| no | Total Seats: 0 | ||
| abstain |
Total Seats: 0 |
| Random fact: Particracy does not allow real-life fictional references (eg. Gandalf, Harry Potter, Luke Skywalker). |
| Random quote: "Corruption is the nightmare that keeps democracy a dream." - Anonymous |