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Bill: Income tax proposal of May 4072
Details
Submitted by[?]: Nuevo Partido Republicano
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: January 4073
Description[?]:
| The Partido Republicano propose to adjust the government's income tax policy to better address the economic situation of the República de Egelion. |
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 |
| > 500 EGP | 7% | 1,990,000,000 EGP |
| > 1,000 EGP | 10% | 22,740,000,000 EGP |
| > 5,000 EGP | 12% | 30,388,000,000 EGP |
| > 10,000 EGP | 14% | 21,398,000,000 EGP |
| > 15,000 EGP | 16% | 35,545,000,000 EGP | Total | 112,061,000,000 EGP |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||
| yes | Total Seats: 91 | ||
| no | Total Seats: 0 | ||
| abstain | Total Seats: 57 |
| Random fact: "Game mechanics comes first." For example, if a currently-enforced bill sets out one law, then a player cannot claim the government has set out a contradictory law. |
| Random quote: "The Revolution needs to progress. We as humans need to evolve into higher beings through better moral virtues. And we can achieve that if we clean ourselves from the immoral. Those who go against the Revolution, go against human progress and must be freed in the most humane way possible. That is why we introduced the guillotine." - Maximus Robertson, former Davostani revolutionary |