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Bill: Income tax proposal of July 4024
Details
Submitted by[?]: Partito della Rivoluzione Istaliana
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: March 4025
Description[?]:
| The Alleanza Socialdemocratica propose to adjust the government's income tax policy to better address the economic situation of the Repubblica Istaliana (Istalia). This, along with the proposed spending bill and the recently reformed sales/corporation tax, will eliminate our budget deficit. |
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 | 10% | 22,789,000,000 LIS |
| > 5,000 LIS | 30% | 56,276,000,000 LIS |
| > 10,000 LIS | 40% | 45,445,000,000 LIS |
| > 20,000 LIS | 45% | 13,242,000,000 LIS |
| > 30,000 LIS | 50% | 813,000,000 LIS | Total | 138,565,000,000 LIS |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||
| yes | Total Seats: 630 | ||
| no | Total Seats: 0 | ||
| abstain |
Total Seats: 0 |
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| Random quote: "If God had wanted us to vote, he would have given us candidates." - Jay Leno |