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Bill: Income tax proposal of May 3553
Details
Submitted by[?]: Progressive Conservative 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: January 3554
Description[?]:
The Conservative Party of Gaduridos propose to adjust the government's income tax policy to better address the economic situation of the Federal Union of Gaduridos. |
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 |
> 5,000 GAD | 3% | 17,419,000,000 GAD |
> 15,000 GAD | 6% | 156,775,000,000 GAD |
> 60,000 GAD | 8% | 267,862,000,000 GAD |
> 120,000 GAD | 12% | 415,671,000,000 GAD |
> 240,000 GAD | 15% | 181,311,000,000 GAD |
> 360,000 GAD | 17% | 81,391,000,000 GAD |
> 480,000 GAD | 20% | 31,312,000,000 GAD |
> 600,000 GAD | 25% | 24,526,000,000 GAD | Total | 1,176,267,000,000 GAD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | ||
yes | Total Seats: 252 | ||
no | Total Seats: 0 | ||
abstain | Total Seats: 98 |
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Random quote: "We must show that liberty is not merely one particular value but that it is the source and condition of most moral values. What a free society offers to the individual is much more than what he would be able to do if only he were free. We can therefore not fully appreciate the value of freedom until we know how a society of free men as a whole differs from one in which unfreedom prevails." - Friedrich August Hayek |