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Bill: Income tax proposal of April 3670
Details
Submitted by[?]: Zardugal Unuiĝintaj
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: December 3670
Description[?]:
| The Zardugal Unuiĝintaj propose to adjust the government's income tax policy to better address the economic situation of the Federacio de Zardugal (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 |
| > 10,000 ZAR | 10% | 51,638,000,000 ZAR |
| > 19,000 ZAR | 15% | 172,191,000,000 ZAR |
| > 49,000 ZAR | 35% | 61,472,000,000 ZAR |
| > 59,000 ZAR | 40% | 49,457,000,000 ZAR |
| > 69,000 ZAR | 40% | 35,700,000,000 ZAR |
| > 79,000 ZAR | 40% | 28,116,000,000 ZAR |
| > 89,000 ZAR | 42% | 24,841,000,000 ZAR |
| > 99,000 ZAR | 45% | 2,344,000,000 ZAR |
| > 100,000 ZAR | 50% | 92,374,000,000 ZAR | Total | 518,133,000,000 ZAR |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||
| yes |
Total Seats: 450 | ||
| no | Total Seats: 212 | ||
| abstain | Total Seats: 88 |
| Random fact: It is forbidden to impersonate a player or Moderator. |
| Random quote: "Society comprises two classes: those who have more food than appetite, and those who have more appetite than food." - Nicolas Chamfort |