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Bill: Income tax proposal of May 3593
Details
Submitted by[?]: Hosia Demokrata Popola 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 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 3594
Description[?]:
| The Partio de la Liberpensuloj 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 |
| > 25,000 ZAR | 25% | 105,960,000,000 ZAR |
| > 35,000 ZAR | 30% | 49,724,000,000 ZAR |
| > 40,000 ZAR | 40% | 54,430,000,000 ZAR |
| > 45,000 ZAR | 50% | 56,144,000,000 ZAR |
| > 50,000 ZAR | 60% | 56,395,000,000 ZAR |
| > 55,000 ZAR | 70% | 52,011,000,000 ZAR |
| > 60,000 ZAR | 80% | 51,630,000,000 ZAR |
| > 65,000 ZAR | 90% | 356,556,000,000 ZAR |
| > 135,000 ZAR | 10% | 5,688,000,000 ZAR | Total | 788,538,000,000 ZAR |
Debate
These messages have been posted to debate on this bill:
| Date | 19:17:04, December 18, 2013 CET | From |  Zardio Federisma Partio | To | Debating the Income tax proposal of May 3593 |
| Message | Ooc: this is nuts, c'mon now |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 400 | ||||
| no |
Total Seats: 350 | ||||
| abstain | Total Seats: 0 |
| Random fact: Head to the "Language assistance" thread to receive and offer help with translations: http://forum.particracy.net/viewtopic.php?f=5&t=6368 |
| Random quote: "Before all else, be armed." - Niccolo Machiavelli |