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Bill: Income tax proposal of April 3975
Details
Submitted by[?]: Popolari per l'Istalia - U.o.L.
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: December 3975
Description[?]:
| Min. Mario Drughi In summary: - Under the 2000 LIS no taxes; - Max Tax rate to 40% - Balanced budget |
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 |
| > 2,000 LIS | 20% | 34,153,000,000 LIS |
| > 5,000 LIS | 25% | 56,583,000,000 LIS |
| > 12,000 LIS | 35% | 24,256,000,000 LIS |
| > 19,000 LIS | 40% | 14,732,000,000 LIS | Total | 129,724,000,000 LIS |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||||
| yes |
Total Seats: 418 | ||||
| no | Total Seats: 92 | ||||
| abstain | Total Seats: 95 |
| Random fact: Bill descriptions must be in English, or at least include a full English translation. Bill titles may appear in a language that is appropriate to the nation and are not required to be translated into English. |
| Random quote: "If we cannot, by reason, by influence, by example, by strenuous effort, and by personal sacrifice, mend the bad places of civilization, we certainly cannot do it by force." - Auberon Herbert |