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Bill: Income tax proposal of September 3813
Details
Submitted by[?]: 帝國黨 (Imperial Party)
Status[?]: defeated
Votes: This bill proposes to change income taxes. It requires more than half of the legislature to vote yes. This bill will not pass any sooner than the deadline.
Voting deadline: April 3816
Description[?]:
The The House of Chann (陳蔭羆之家) propose to adjust the government's income tax policy to better address the economic situation of the Da Yingdala Tianchao (Indrala). |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 0
Current: 40
Proposed: 35
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 0
Current: 50
Proposed: 10
Article 3
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 |
> 1,000 INS | 10% | 52,703,000,000 INS |
> 10,000 INS | 13% | 76,127,000,000 INS |
> 20,000 INS | 16% | 93,695,000,000 INS |
> 30,000 INS | 19% | 111,262,000,000 INS |
> 40,000 INS | 22% | 126,867,000,000 INS |
> 50,000 INS | 25% | 126,655,000,000 INS |
> 60,000 INS | 28% | 124,751,000,000 INS |
> 70,000 INS | 31% | 116,703,000,000 INS |
> 80,000 INS | 34% | 197,473,000,000 INS |
> 100,000 INS | 35% | 443,499,000,000 INS |
> 250,000 INS | 50% | 79,745,000,000 INS | Total | 1,549,480,000,000 INS |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |
yes | Total Seats: 0 | |
no | Total Seats: 0 | |
abstain |
Total Seats: 100 |
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