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Bill: Income tax proposal of March 3422
Details
Submitted by[?]: Democratic Socialist Union
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: January 3423
Description[?]:
| The Democratic Socialist Union 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 | 3% | 15,036,000,000 ZAR |
| > 30,000 ZAR | 5% | 9,806,000,000 ZAR |
| > 35,000 ZAR | 8% | 13,257,000,000 ZAR |
| > 40,000 ZAR | 12% | 16,326,000,000 ZAR |
| > 45,000 ZAR | 15% | 16,842,000,000 ZAR |
| > 50,000 ZAR | 18% | 16,917,000,000 ZAR |
| > 55,000 ZAR | 22% | 16,348,000,000 ZAR |
| > 60,000 ZAR | 25% | 16,137,000,000 ZAR |
| > 65,000 ZAR | 27% | 14,876,000,000 ZAR |
| > 70,000 ZAR | 30% | 14,530,000,000 ZAR |
| > 75,000 ZAR | 32% | 12,120,000,000 ZAR |
| > 80,000 ZAR | 35% | 12,938,000,000 ZAR |
| > 85,000 ZAR | 37% | 11,916,000,000 ZAR |
| > 90,000 ZAR | 40% | 12,407,000,000 ZAR |
| > 95,000 ZAR | 42% | 11,322,000,000 ZAR |
| > 100,000 ZAR | 45% | 18,319,000,000 ZAR |
| > 110,000 ZAR | 47% | 32,987,000,000 ZAR |
| > 130,000 ZAR | 50% | 21,066,000,000 ZAR |
| > 150,000 ZAR | 55% | 12,880,000,000 ZAR |
| > 180,000 ZAR | 65% | 5,423,000,000 ZAR | Total | 301,453,000,000 ZAR |
Debate
These messages have been posted to debate on this bill:
| Date | 18:11:00, January 06, 2013 CET | From |  Nouveau Parti Libéral (ZR) | To | Debating the Income tax proposal of March 3422 |
| Message | this is good |
| Date | 23:53:50, January 06, 2013 CET | From | Zardio Federisma Partio | To | Debating the Income tax proposal of March 3422 |
| Message | So it's okay to tax people more than 45%? This is legalized robbery. We do not need to take more than required to fund the government. |
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Voting
| Vote | Seats | ||||
| yes | Total Seats: 378 | ||||
| no | Total Seats: 88 | ||||
| abstain |
Total Seats: 284 |
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