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Bill: War tax proposal of May 3806
Details
Submitted by[?]: Socialdemokratia Partio - Keruloismo
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: August 3807
Description[?]:
Mr. Speaker, We would like to introduce a War Tax in order to fund our future war efforts with the Jelbic Empire. The War Tax would consist of a 2% raise on the top tax brackets starting from 40000 ZAR per annum. This effort would give us a extra of 20 billion ZAR. We would like to put this bill in to a vote when the Jelbic Empire actually dears to invade our beloved Fatherland. Ferzia Hamza Minister of Finance |
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 | 5% | 14,319,000,000 ZAR |
> 15,000 ZAR | 10% | 28,638,000,000 ZAR |
> 20,000 ZAR | 14% | 38,246,000,000 ZAR |
> 25,000 ZAR | 16% | 36,396,000,000 ZAR |
> 30,000 ZAR | 20% | 39,179,000,000 ZAR |
> 35,000 ZAR | 24% | 39,730,000,000 ZAR |
> 40,000 ZAR | 30% | 40,783,000,000 ZAR |
> 45,000 ZAR | 34% | 38,129,000,000 ZAR |
> 50,000 ZAR | 37% | 62,184,000,000 ZAR |
> 60,000 ZAR | 42% | 70,477,000,000 ZAR |
> 75,000 ZAR | 47% | 17,778,000,000 ZAR |
> 80,000 ZAR | 49% | 62,219,000,000 ZAR |
> 100,000 ZAR | 51% | 93,950,000,000 ZAR | Total | 582,028,000,000 ZAR |
Debate
These messages have been posted to debate on this bill:
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Vote | Seats | |||
yes |
Total Seats: 345 | |||
no | Total Seats: 0 | |||
abstain |
Total Seats: 305 |
Random fact: Particracy has been running since 2005. Dorvik was Particracy's first nation, the Dorvik Social Democrats the first party and the International Greens the first Party Organisation. |
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