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Bill: Post-Adamson Tax Reform
Details
Submitted by[?]: Beluz Liberation Brigade 17982
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: December 3353
Description[?]:
| We are lowering taxes, so that they may be less burdenous on our citizens. |
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 |
| > 25,000 GAD | 21% | 304,250,000,000 GAD |
| > 50,000 GAD | 22% | 318,738,000,000 GAD |
| > 75,000 GAD | 23% | 330,854,000,000 GAD |
| > 100,000 GAD | 24% | 300,410,000,000 GAD |
| > 125,000 GAD | 25% | 242,125,000,000 GAD |
| > 150,000 GAD | 26% | 216,043,000,000 GAD |
| > 175,000 GAD | 27% | 189,346,000,000 GAD |
| > 200,000 GAD | 28% | 143,430,000,000 GAD |
| > 225,000 GAD | 29% | 105,951,000,000 GAD |
| > 250,000 GAD | 30% | 91,535,000,000 GAD |
| > 275,000 GAD | 31% | 86,456,000,000 GAD |
| > 300,000 GAD | 32% | 76,616,000,000 GAD |
| > 325,000 GAD | 33% | 61,241,000,000 GAD |
| > 350,000 GAD | 34% | 49,678,000,000 GAD |
| > 375,000 GAD | 35% | 43,167,000,000 GAD |
| > 400,000 GAD | 36% | 33,995,000,000 GAD |
| > 425,000 GAD | 37% | 31,305,000,000 GAD |
| > 450,000 GAD | 38% | 27,802,000,000 GAD |
| > 475,000 GAD | 39% | 24,457,000,000 GAD |
| > 500,000 GAD | 40% | 14,905,000,000 GAD |
| > 525,000 GAD | 41% | 11,783,000,000 GAD |
| > 550,000 GAD | 42% | 11,878,000,000 GAD |
| > 575,000 GAD | 43% | 6,013,000,000 GAD |
| > 600,000 GAD | 44% | 6,153,000,000 GAD |
| > 625,000 GAD | 45% | 6,292,000,000 GAD |
| > 650,000 GAD | 46% | 6,432,000,000 GAD |
| > 675,000 GAD | 47% | 6,572,000,000 GAD |
| > 700,000 GAD | 48% | 6,712,000,000 GAD |
| > 725,000 GAD | 49% | 6,852,000,000 GAD |
| > 750,000 GAD | 50% | 6,937,000,000 GAD | Total | 2,767,928,000,000 GAD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes | Total Seats: 100 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
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