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Bill: Income tax proposal of September 3394
Details
Submitted by[?]: Zardio Federisma Partio
Status[?]: passed
Votes: This bill proposes to change income taxes. It requires more than half of the legislature to vote yes. This bill will not pass any sooner than the deadline.
Voting deadline: May 3395
Description[?]:
| The Conservative Republican Party propose to adjust the government's income tax policy to better address the economic situation of the Federation of Zardugal. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 10
Current: 30
Proposed: 11
Article 2
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 5
Current: 5
Proposed: 2
Article 3
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 |
| > 15,000 ZAR | 2% | 5,738,000,000 ZAR |
| > 20,000 ZAR | 6% | 16,419,000,000 ZAR |
| > 25,000 ZAR | 8% | 18,228,000,000 ZAR |
| > 30,000 ZAR | 10% | 19,627,000,000 ZAR |
| > 35,000 ZAR | 12% | 19,903,000,000 ZAR |
| > 40,000 ZAR | 14% | 19,063,000,000 ZAR |
| > 45,000 ZAR | 15% | 16,854,000,000 ZAR |
| > 50,000 ZAR | 18% | 16,929,000,000 ZAR |
| > 55,000 ZAR | 20% | 14,870,000,000 ZAR |
| > 60,000 ZAR | 22% | 14,207,000,000 ZAR |
| > 65,000 ZAR | 24% | 13,227,000,000 ZAR |
| > 70,000 ZAR | 26% | 12,597,000,000 ZAR |
| > 75,000 ZAR | 28% | 10,606,000,000 ZAR |
| > 80,000 ZAR | 30% | 11,090,000,000 ZAR |
| > 85,000 ZAR | 32% | 10,307,000,000 ZAR |
| > 90,000 ZAR | 34% | 10,547,000,000 ZAR |
| > 95,000 ZAR | 36% | 9,707,000,000 ZAR |
| > 100,000 ZAR | 38% | 70,204,000,000 ZAR | Total | 310,123,000,000 ZAR |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||||
| yes |
Total Seats: 650 | ||||
| no | Total Seats: 0 | ||||
| abstain | Total Seats: 0 |
| Random fact: Real-life religions should not be referenced in Particracy. Terra has its own religions, many of which mirror real-life ones. See: http://particracy.wikia.com/wiki/Illustrated_Catalogue_of_Religion |
| Random quote: "We pursue no other aim than freedom from oppression, liberty from lies, salvation from irrationality!" - Julius Callus, former Davostani politician |