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Bill: Income tax proposal of August 3771
Details
Submitted by[?]: Gaduridos independence 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 3772
Description[?]:
The Gaduridos independence party (GIB) propose to adjust the government's income tax policy to better address the economic situation of the Federal Union of Gaduridos. |
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 |
> 20,000 GAD | 8% | 139,377,000,000 GAD |
> 50,000 GAD | 10% | 289,338,000,000 GAD |
> 100,000 GAD | 15% | 783,316,000,000 GAD |
> 300,000 GAD | 20% | 202,125,000,000 GAD |
> 500,000 GAD | 20% | 41,222,000,000 GAD | Total | 1,455,378,000,000 GAD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |
yes | Total Seats: 120 | |
no | Total Seats: 0 | |
abstain | Total Seats: 79 |
Random fact: When elections in a country are held, all bills in the voting phase are reset to the debate phase. |
Random quote: "Power corrupts, and absolute power corrupts absolutely." - John Dalberg-Acton |