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Bill: Income tax proposal of March 3471
Details
Submitted by[?]: Zardio Federisma Partio
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: November 3471
Description[?]:
| The Conservative Republican Party propose to adjust the government's income tax policy to better address the economic situation of the Union of the Republic and Federation of Zardugal. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 22
Current: 30
Proposed: 18
Article 2
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 0
Current: 5
Proposed: 2
Article 3
Proposal[?] to change Sales tax on luxury goods.
Old value:: 32
Current: 8
Proposed: 28
Article 4
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 |
| > 25,000 ZAR | 2% | 4,557,000,000 ZAR |
| > 30,000 ZAR | 4% | 7,851,000,000 ZAR |
| > 35,000 ZAR | 7% | 11,610,000,000 ZAR |
| > 40,000 ZAR | 10% | 13,616,000,000 ZAR |
| > 45,000 ZAR | 15% | 16,854,000,000 ZAR |
| > 50,000 ZAR | 17% | 15,989,000,000 ZAR |
| > 55,000 ZAR | 23% | 17,100,000,000 ZAR |
| > 60,000 ZAR | 25% | 16,145,000,000 ZAR |
| > 65,000 ZAR | 27% | 14,880,000,000 ZAR |
| > 70,000 ZAR | 31% | 26,761,000,000 ZAR |
| > 80,000 ZAR | 35% | 12,938,000,000 ZAR |
| > 85,000 ZAR | 37% | 11,917,000,000 ZAR |
| > 90,000 ZAR | 40% | 12,409,000,000 ZAR |
| > 95,000 ZAR | 42% | 11,325,000,000 ZAR |
| > 100,000 ZAR | 45% | 18,315,000,000 ZAR |
| > 110,000 ZAR | 47% | 67,702,000,000 ZAR | Total | 279,969,000,000 ZAR |
Debate
These messages have been posted to debate on this bill:
| Date | 03:41:38, April 17, 2013 CET | From |  Nouveau Parti Libéral (ZR) | To | Debating the Income tax proposal of March 3471 |
| Message | We appreciate the lowering of taxes on the poorf but why would we tax things people need to survive but lower the taxes on the non essential things, its unfair |
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Voting
| Vote | Seats | |
| yes |
Total Seats: 317 | |
| no | Total Seats: 183 | |
| abstain | Total Seats: 0 |
| Random fact: Alduria, Rildanor and Lourenne all have Canrilaise (French) cultures. |
| Random quote: "The activist is not the man who says the river is dirty. The activist is the man who cleans up the river." - Ross Perot |