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Bill: Income tax proposal of January 3468
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 pass as soon as the required yes votes are in, or will be defeated if unsufficient votes are reached on the deadline.
Voting deadline: September 3468
Description[?]:
| The National Liberal Party propose to adjust the government's income tax policy to better address the economic situation of the Republic of Endralon. This bill will bring 66% more money to budget from Income Taxes (from 64,8 billions to 107,8 billion END) |
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 |
| > 1 END | 5% | 1,457,000,000 END |
| > 500 END | 7% | 2,045,000,000 END |
| > 1,000 END | 9% | 7,886,000,000 END |
| > 2,500 END | 12% | 17,525,000,000 END |
| > 5,000 END | 15% | 18,960,000,000 END |
| > 7,500 END | 18% | 15,196,000,000 END |
| > 10,000 END | 21% | 18,208,000,000 END |
| > 15,000 END | 24% | 12,146,000,000 END |
| > 20,000 END | 27% | 6,854,000,000 END |
| > 25,000 END | 29% | 4,693,000,000 END |
| > 30,000 END | 31% | 2,726,000,000 END | Total | 107,696,000,000 END |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |||
| yes |
Total Seats: 414 | |||
| no | Total Seats: 0 | |||
| abstain | Total Seats: 336 |
| Random fact: Periodically, it is a good idea to go through your nation's Treaties and arrange to withdraw from any that are unwanted. |
| Random quote: "Blah blah blah- I'm more of a Leftist than all you puppets... You support cops beating people down and kicking out all the foreigners..." - Omar al-Khali, former Kalistani politician |