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Bill: Income tax proposal of December 3957
Details
Submitted by[?]: The IzaƤkian League
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 3958
Description[?]:
The Progressive Party propose to adjust the government's income tax policy to better address the economic situation of the Seridjan Republiek (Saridan Republic). Mr Spreker, This is necessary to eliminate the small deficit that Saridan is currently in. Peter Van Oslo Kanselier |
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 |
> 1 SAD | 3% | 1,685,000,000 SAD |
> 1,000 SAD | 6% | 30,358,000,000 SAD |
> 10,000 SAD | 9% | 24,368,000,000 SAD |
> 15,000 SAD | 11% | 26,231,000,000 SAD |
> 20,000 SAD | 13% | 22,348,000,000 SAD |
> 25,000 SAD | 15% | 73,373,000,000 SAD | Total | 178,363,000,000 SAD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |
yes |
Total Seats: 500 | |
no | Total Seats: 0 | |
abstain |
Total Seats: 0 |
Random fact: If there are no parties in your nation with seats, feel free to visit the forum and request an early election on the Early Election Requests thread: http://forum.particracy.net/viewtopic.php?f=11&t=4362 |
Random quote: "It is not titles that honor men, but men that honor titles." - Niccolo Machiavelli |