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Bill: Income tax proposal of July 3474
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 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 3475
Description[?]:
| The United Federal 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
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 |
| > 30,000 ZAR | 4% | 7,838,000,000 ZAR |
| > 35,000 ZAR | 7% | 11,590,000,000 ZAR |
| > 40,000 ZAR | 10% | 13,597,000,000 ZAR |
| > 45,000 ZAR | 15% | 16,834,000,000 ZAR |
| > 50,000 ZAR | 17% | 15,970,000,000 ZAR |
| > 55,000 ZAR | 23% | 17,081,000,000 ZAR |
| > 60,000 ZAR | 25% | 16,124,000,000 ZAR |
| > 65,000 ZAR | 27% | 14,862,000,000 ZAR |
| > 70,000 ZAR | 31% | 26,732,000,000 ZAR |
| > 80,000 ZAR | 35% | 12,928,000,000 ZAR |
| > 85,000 ZAR | 37% | 11,903,000,000 ZAR |
| > 90,000 ZAR | 40% | 12,393,000,000 ZAR |
| > 95,000 ZAR | 42% | 11,303,000,000 ZAR |
| > 100,000 ZAR | 45% | 83,017,000,000 ZAR | Total | 272,172,000,000 ZAR |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||
| yes |
Total Seats: 317 | ||
| no | Total Seats: 0 | ||
| abstain | Total Seats: 183 |
| Random fact: Unless otherwise stated, monarchs and their royal houses will be presumed to be owned by the player who introduced the bill appointing them to their position. |
| Random quote: "I came, I saw, I conquered" - Julius Caesar |