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Bill: Income tax proposal of April 3477
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: December 3477
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
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 18
Current: 30
Proposed: 12
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 28
Current: 8
Proposed: 25
Article 3
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 |
| > 35,000 ZAR | 7% | 11,610,000,000 ZAR |
| > 40,000 ZAR | 10% | 13,619,000,000 ZAR |
| > 45,000 ZAR | 15% | 16,854,000,000 ZAR |
| > 50,000 ZAR | 17% | 15,989,000,000 ZAR |
| > 55,000 ZAR | 23% | 17,099,000,000 ZAR |
| > 60,000 ZAR | 25% | 16,143,000,000 ZAR |
| > 65,000 ZAR | 27% | 14,882,000,000 ZAR |
| > 70,000 ZAR | 31% | 26,766,000,000 ZAR |
| > 80,000 ZAR | 35% | 12,944,000,000 ZAR |
| > 85,000 ZAR | 37% | 11,924,000,000 ZAR |
| > 90,000 ZAR | 40% | 97,054,000,000 ZAR | Total | 254,884,000,000 ZAR |
Debate
These messages have been posted to debate on this bill:
| Date | 01:10:16, April 29, 2013 CET | From |  Zardio Federisma Partio | To | Debating the Income tax proposal of April 3477 |
| Message | It is only a form of legalized theft from all persons to demand such high taxes. They're taxes for their income, their buying, taxed for group efforts. It is time to reduce the burden carried by all Zardic citizens. Rich or poor. Left or right. We can all agree that the government shouldn't take more than it needs. |
| Date | 04:16:26, April 29, 2013 CET | From | Nouveau Parti Libéral (ZR) | To | Debating the Income tax proposal of April 3477 |
| Message | I support but why must we lower on the super rich? Or corporations and luxury goods but continue the tax on non luxury goods? We would support lower taxes if they were lowered in the right places. |
| Date | 16:22:28, April 29, 2013 CET | From | Zardugal Independence Party | To | Debating the Income tax proposal of April 3477 |
| Message | I totallu support. I can understand lower tax on the super rich. We must make it fair. |
| Date | 03:02:20, April 30, 2013 CET | From | Nouveau Parti Libéral (ZR) | To | Debating the Income tax proposal of April 3477 |
| Message | Exactly make it fair. Why should we lower the tax on the super rich when we can lower it on the middle class, those who need the money more than the rich. Really lets make it fair. |
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Voting
| Vote | Seats | ||
| yes | Total Seats: 315 | ||
| no | Total Seats: 185 | ||
| abstain | Total Seats: 0 |
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