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Bill: Income tax proposal of September 4132
Details
Submitted by[?]: Patriotte (P)
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 4133
Description[?]:
| The Republikeine (R) propose to adjust the government's income tax policy to better address the economic situation of the Koninkryk van Seridjan (Kingdom of Saridan). |
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 SAD | 1% | 5,064,000,000 SAD |
| > 10,000 SAD | 11% | 29,811,000,000 SAD |
| > 15,000 SAD | 13% | 69,238,000,000 SAD |
| > 30,000 SAD | 24% | 65,780,000,000 SAD |
| > 50,000 SAD | 24% | 20,224,000,000 SAD |
| > 75,000 SAD | 29% | 1,646,000,000 SAD |
| > 80,000 SAD | 37% | 1,449,000,000 SAD | Total | 193,212,000,000 SAD |
Debate
These messages have been posted to debate on this bill:
| Date | 08:19:03, December 09, 2016 CET | From |  Patriotte (P) | To | Debating the Income tax proposal of September 4132 |
| Message | With our huge surplus we are investing in our future by lowering the taxes for all. |
| Date | 08:41:17, December 09, 2016 CET | From | Duntrekker Nasionale Party | To | Debating the Income tax proposal of September 4132 |
| Message | This will still leave us with a stupendous surplus, why don't you propose relevant budgets and income tax proposals that actually take into account our requirements. Either spend the taxes you're raising or reduce taxes to reflect the spending. Why raise so much money and then only spend a small proportion of it? |
| Date | 09:47:33, December 09, 2016 CET | From | Ameliorate Historical Union | To | Debating the Income tax proposal of September 4132 |
| Message | We welcome this wise step but believe that there is still room for much greater reductions in the income tax. We have a yuuuge budget surplus. Our faith in the Republicans is being restored. We will vote in favour. |
| Date | 10:05:58, December 09, 2016 CET | From | Verenigde Party | To | Debating the Income tax proposal of September 4132 |
| Message | The Republikeine understand the importance of low taxes and we are more than willing to support this |
| Date | 12:42:20, December 09, 2016 CET | From |  Alt-Right Alliance | To | Debating the Income tax proposal of September 4132 |
| Message | I'm more than happy to vote yes on this bill, however I do feel we should increase the military budget. |
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Voting
| Vote | Seats | |||
| yes |
Total Seats: 103 | |||
| no | Total Seats: 0 | |||
| abstain | Total Seats: 72 |
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