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Bill: Income tax proposal of December 4021
Details
Submitted by[?]: Hezb -e Ta'mir -ye Aldegar
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 4022
Description[?]:
Reductions on all four rates. The top rate will fall from 38% to 35%. Kavadh Vaez Vice-Court Minister 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 |
> 1,700 ACR | 11% | 9,213,000,000 ACR |
> 3,200 ACR | 20% | 15,647,000,000 ACR |
> 5,000 ACR | 29% | 19,779,000,000 ACR |
> 7,500 ACR | 35% | 28,160,000,000 ACR | Total | 72,799,000,000 ACR |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |
yes | Total Seats: 550 | |
no | Total Seats: 0 | |
abstain | Total Seats: 0 |
Random fact: Parties have the ability to endorse another party's candidate for the Head of State election (if there is one). This adds a strategic element to the elections. |
Random quote: "Proud Darnussians? Darnussian is an insult, nothing more! You should all try to be more like we are, the Narikatonites!" - Nikolai Shukanov, former Narikatonite politician |