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Bill: Income tax proposal of May 3399
Details
Submitted by[?]: National Liberal 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 not pass any sooner than the deadline.
Voting deadline: January 3400
Description[?]:
The National Liberal Party propose to adjust the government's income tax policy to better address the economic situation of the Republica Kizenia. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 30
Current: 0
Proposed: 25
Article 2
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 2
Current: 0
Proposed: 0
Article 3
Proposal[?] to change Sales tax on luxury goods.
Old value:: 23
Current: 0
Proposed: 19
Article 4
Proposal[?] to change The professional retirement age.
Old value:: 60
Current: 65
Proposed: 65
Article 5
Proposal[?] to change The government's position towards the stock exchange(s).
Old value:: Stock exchanges are allowed but are regulated.
Current: Stock exchanges are allowed but are regulated.
Proposed: Stock exchanges are allowed and are unregulated.
Article 6
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 |
> 21,000 NED | 6% | 127,433,000,000 NED |
> 60,000 NED | 16% | 202,557,000,000 NED |
> 100,000 NED | 26% | 236,547,000,000 NED |
> 160,000 NED | 36% | 253,223,000,000 NED |
> 260,000 NED | 46% | 119,079,000,000 NED | Total | 938,839,000,000 NED |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | ||||
yes | Total Seats: 360 | ||||
no |
Total Seats: 340 | ||||
abstain | Total Seats: 0 |
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