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Bill: Income tax proposal of February 3557
Details
Submitted by[?]: United Congresso Federale
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: July 3559
Description[?]:
| The Zardugal United propose to adjust the government's income tax policy to better address the economic situation of the Royal 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 |
| > 15,000 ZAR | 1% | 1,145,000,000 ZAR |
| > 17,000 ZAR | 3% | 3,435,000,000 ZAR |
| > 19,000 ZAR | 5% | 11,217,000,000 ZAR |
| > 23,000 ZAR | 7% | 7,423,000,000 ZAR |
| > 25,000 ZAR | 9% | 20,469,000,000 ZAR |
| > 30,000 ZAR | 11% | 39,750,000,000 ZAR |
| > 40,000 ZAR | 13% | 32,244,000,000 ZAR |
| > 50,000 ZAR | 15% | 25,218,000,000 ZAR |
| > 60,000 ZAR | 17% | 20,319,000,000 ZAR |
| > 70,000 ZAR | 19% | 16,379,000,000 ZAR |
| > 80,000 ZAR | 21% | 14,508,000,000 ZAR |
| > 90,000 ZAR | 23% | 13,315,000,000 ZAR |
| > 100,000 ZAR | 25% | 46,158,000,000 ZAR | Total | 251,580,000,000 ZAR |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes | Total Seats: 750 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
| Random fact: Character names must appear plausible and should consist of at least a first name and a surname. Exceptions to this will only be granted at Moderation's discretion and where a very strong case has been presented |
| Random quote: "The test of courage comes when we are in the minority. The test of tolerance comes when we are in the majority." - Ralph W. Sockman |