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Bill: Income tax proposal of July 3959
Details
Submitted by[?]: Liberal 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: July 3960
Description[?]:
| The Liberal Party propose to adjust the government's income tax policy to better address the economic situation of the Repubblica Istaliana (Istalia). |
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 |
| > 1,000 LIS | 13% | 36,056,000,000 LIS |
| > 6,000 LIS | 26% | 43,920,000,000 LIS |
| > 11,500 LIS | 38% | 19,444,000,000 LIS |
| > 15,600 LIS | 40% | 24,562,000,000 LIS |
| > 30,000 LIS | 42% | 683,000,000 LIS | Total | 124,665,000,000 LIS |
Debate
These messages have been posted to debate on this bill:
| Date | 14:30:30, December 29, 2015 CET | From | Partito Comunista Istaliano | To | Debating the Income tax proposal of July 3959 |
| Message | We disagree, higher classes must pay more than 42%, the old tax of 46% is almost good |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 222 | |||
| no | Total Seats: 153 | |||
| abstain |
Total Seats: 25 |
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