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Bill: Income tax proposal of February 3435
Details
Submitted by[?]: Selucian 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: October 3435
Description[?]:
| The Selucian Liberal Party propose to adjust the government's income tax policy to better address the economic situation of the Imperium Selucianum. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 0
Current: 35
Proposed: 25
Article 2
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 |
| > 5,000 SEN | 15% | 24,547,000,000 SEN |
| > 10,000 SEN | 25% | 18,720,000,000 SEN |
| > 15,000 SEN | 30% | 12,676,000,000 SEN |
| > 20,000 SEN | 35% | 9,099,000,000 SEN |
| > 25,000 SEN | 40% | 5,208,000,000 SEN |
| > 30,000 SEN | 45% | 3,786,000,000 SEN |
| > 35,000 SEN | 50% | 1,201,000,000 SEN | Total | 75,237,000,000 SEN |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes |
Total Seats: 353 | |
| no |
Total Seats: 292 | |
| abstain | Total Seats: 0 |
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