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Bill: Introduction of Class Tax System

Details

Submitted by[?]: Federalist 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: April 3626

Description[?]:

This bill shall introduce a 'Class Tax System'.

This shall base the collection of tax on one's income. This shall result in more money being collected that can go back into the National Budget next year.

If implemented, it shall reduce taxes for the poor by dividing the collection across several different brackets, and increases taxes for those slightly more wealthy.

The Maths:

The previous taxes provided 146Bn in revenue, the introduction of this system will increase Government revenue from taxes to 162Bn whilst reducing taxes for those who are on low incomes.

Proposals

Debate

These messages have been posted to debate on this bill:

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Voting

Vote Seats
yes
  

Total Seats: 144

no

    Total Seats: 0

    abstain
       

    Total Seats: 131


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