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Bill: Income Tax Act of June 3406
Details
Submitted by[?]: Partit Qawmien Soċjalista Maġatrani
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: February 3407
Description[?]:
The Cildanian National Coalition propose to adjust the government's income tax policy to better address the economic situation of the Most Serene Cildanian Union. We must lower taxes on both low and high income learners. |
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 |
> 15,000 CDC | 10% | 75,068,000,000 CDC |
> 30,000 CDC | 20% | 83,119,000,000 CDC |
> 45,000 CDC | 30% | 74,933,000,000 CDC |
> 60,000 CDC | 34% | 55,883,000,000 CDC |
> 75,000 CDC | 35% | 76,909,000,000 CDC | Total | 365,912,000,000 CDC |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | ||
yes | Total Seats: 403 | ||
no |
Total Seats: 167 | ||
abstain |
Total Seats: 180 |
Random fact: Hundreds of vessels were lost while traversing the cold waters of the Sea of Lost Souls. It is located between Seleya and Majatra. |
Random quote: "He comes out of hibernation once every three years and says something stupid. No wonder the UR fell apart." - Tirza Sommer, Pragmatic Party Leader, on the Dorvish President, Leonhard Khan. |