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Bill: Tax Reform and New Tax Proposal
Details
Submitted by[?]: Verenigde Werkers 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 not pass any sooner than the deadline.
Voting deadline: January 3576
Description[?]:
| The Verenigde Werkers Party propose to adjust the government's income tax policy to better address the economic situation of the Republiek van Seridjan / République du Saridain (Saridan). |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 0
Current: 10
Proposed: 35
Article 2
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 0
Current: 5
Proposed: 10
Article 3
Proposal[?] to change Sales tax on luxury goods.
Old value:: 0
Current: 21
Proposed: 35
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 |
| > 10,000 SAD | 15% | 76,371,000,000 SAD |
| > 20,000 SAD | 20% | 58,711,000,000 SAD |
| > 30,000 SAD | 25% | 40,639,000,000 SAD |
| > 40,000 SAD | 30% | 33,367,000,000 SAD |
| > 50,000 SAD | 35% | 18,676,000,000 SAD |
| > 60,000 SAD | 40% | 10,058,000,000 SAD |
| > 70,000 SAD | 45% | 5,112,000,000 SAD |
| > 80,000 SAD | 50% | 1,959,000,000 SAD | Total | 244,893,000,000 SAD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes | Total Seats: 59 | |
| no | Total Seats: 41 | |
| abstain | Total Seats: 0 |
| Random fact: The influence a bill has on elections decreases over time, until it eventually is no longer relevant. This can explain shifts in your party's position to the electorate and your visibility. |
| Random quote: "We never know the worth of water 'til the well is dry." - Thomas Fuller |