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Bill: Tax Cuts
Details
Submitted by[?]: Miflaga Herut Yibeiteinu
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: May 3758
Description[?]:
| The Government wishes to return 4.3 billion bei to the taxpayers. This will be done through raising the income tax free threshold by 500 bei which would grant every taxpayer an effective tax cut of 75 bei. Nathan Nahari MK Deputy Prime Minister Finance Minister |
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 |
| > 5,500 BEI | 15% | 55,941,000,000 BEI |
| > 12,000 BEI | 24% | 289,837,000,000 BEI |
| > 35,000 BEI | 42% | 384,245,000,000 BEI |
| > 80,000 BEI | 50% | 293,406,000,000 BEI | Total | 1,023,429,000,000 BEI |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes |
Total Seats: 131 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 19 |
| Random fact: Real-life places should not be referenced in Particracy. |
| Random quote: "Democracy is a pathetic belief in the collective wisdom of individual ignorance." - H. L. Mencken |