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Bill: Income tax proposal of May 3560
Details
Submitted by[?]: Sháhazi Péashro
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: January 3561
Description[?]:
| The Rímsa Prta propose to adjust the government's income tax policy to better address the economic situation of the People's Democratic Republic of Barmenia. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 50
Current: 35
Proposed: 0
Article 2
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 5
Current: 8
Proposed: 20
Article 3
Proposal[?] to change Sales tax on luxury goods.
Old value:: 50
Current: 40
Proposed: 40
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 |
| > 15,000,000 BAR | 1% | 0 BAR | Total | 0 BAR |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes |
Total Seats: 300 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
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| Random quote: "I think that gay marriage is something that should be between a man and a woman." - Arnold Schwarzenegger |