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Bill: Income tax proposal of July 3416
Details
Submitted by[?]: Zardio Federisma Partio
Status[?]: defeated
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: March 3417
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
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 |
| > 20,000 ZAR | 5% | 25,059,000,000 ZAR |
| > 30,000 ZAR | 8% | 15,687,000,000 ZAR |
| > 35,000 ZAR | 12% | 19,882,000,000 ZAR |
| > 40,000 ZAR | 14% | 19,048,000,000 ZAR |
| > 45,000 ZAR | 15% | 16,838,000,000 ZAR |
| > 50,000 ZAR | 18% | 16,914,000,000 ZAR |
| > 55,000 ZAR | 20% | 14,859,000,000 ZAR |
| > 60,000 ZAR | 22% | 14,198,000,000 ZAR |
| > 65,000 ZAR | 25% | 13,775,000,000 ZAR |
| > 70,000 ZAR | 28% | 13,560,000,000 ZAR |
| > 75,000 ZAR | 30% | 11,365,000,000 ZAR |
| > 80,000 ZAR | 33% | 12,202,000,000 ZAR |
| > 85,000 ZAR | 35% | 11,278,000,000 ZAR |
| > 90,000 ZAR | 38% | 11,791,000,000 ZAR |
| > 95,000 ZAR | 40% | 10,781,000,000 ZAR |
| > 100,000 ZAR | 42% | 46,556,000,000 ZAR |
| > 130,000 ZAR | 44% | 32,492,000,000 ZAR | Total | 306,285,000,000 ZAR |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||
| yes | Total Seats: 292 | ||
| no |
Total Seats: 313 | ||
| abstain |
Total Seats: 45 |
| Random fact: Moderation will not implement nation renaming requests where the proposed name does not comply with the requirements set out in the Nation Renaming Guide: http://forum.particracy.net/viewtopic.php?f=11&t=6364 |
| Random quote: "Catch a man a fish, and you can sell it to him. Teach a man to fish, and you ruin a wonderful business opportunity." - Karl Marx |