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Bill: New Liberty Tax Proposal of November 4133
Details
Submitted by[?]: Zardio Konfedera Partio
Status[?]: passed
Votes: This bill proposes to change income taxes. It requires more than half of the legislature to vote yes. This bill will not pass any sooner than the deadline.
Voting deadline: July 4134
Description[?]:
| The Zardio Nova Libereco Partio propose to adjust the government's income tax policy to better address the economic situation of the Federacio de Zardugalo. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 10
Current: 30
Proposed: 20
Article 2
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 0
Current: 5
Proposed: 5
Article 3
Proposal[?] to change Sales tax on luxury goods.
Old value:: 0
Current: 8
Proposed: 15
Article 4
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 |
| > 15,000 ZAR | 10% | 78,848,000,000 ZAR |
| > 30,000 ZAR | 15% | 74,747,000,000 ZAR |
| > 45,000 ZAR | 20% | 56,147,000,000 ZAR |
| > 60,000 ZAR | 25% | 42,032,000,000 ZAR |
| > 75,000 ZAR | 30% | 49,530,000,000 ZAR |
| > 100,000 ZAR | 35% | 64,617,000,000 ZAR | Total | 365,921,000,000 ZAR |
Debate
These messages have been posted to debate on this bill:
| Date | 16:34:18, December 11, 2016 CET | From |  Zardio Konfedera Partio | To | Debating the New Liberty Tax Proposal of November 4133 |
| Message | Mr. Speaker This will allow the Federation to return to solvency and allow is to begin tackling the trillion of ZARs the reckless fiscal policies enacted by the KNL Xander Steffanopolis Federal Minister of Finance |
| Date | 16:50:40, December 11, 2016 CET | From | Konfederacio Nacia Laboro | To | Debating the New Liberty Tax Proposal of November 4133 |
| Message | Comrades, We would support this bill, but the tax on essential goods is unacceptable. Central Committee of the KNL OOC: I totally forgot about fixing the taxes when I was alone, so thanks I guess. |
| Date | 16:51:55, December 11, 2016 CET | From | Zardio Konfedera Partio | To | Debating the New Liberty Tax Proposal of November 4133 |
| Message | OOC: I had assumed as it didn't look like the budget had been modified in a long time. |
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Voting
| Vote | Seats | ||
| yes |
Total Seats: 445 | ||
| no | Total Seats: 305 | ||
| abstain | Total Seats: 0 |
| Random fact: "Spamming", or the indiscriminate posting of unsolicited messages, is not allowed. |
| Random quote: "I realize that a life predicated on being obedient and taking orders is a very comfortable life indeed. Living in such a way reduces to a minimum one's need to think." - Adolf Eichmann |