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Bill: Income tax proposal of November 2180
Details
Submitted by[?]: Society of Sadists
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 2181
Description[?]:
| The Society of Sadists propose to adjust the government's income tax policy to better address the economic situation of the Endralonian Empire. A simplified tax system to allow the people less calculation in their tax returns, a slight reduction in income tax as a whole, and balanced to fit the emergency budget with a 2% surplus to boot. |
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 END | 10% | 2,924,000,000 END |
| > 1,000 END | 20% | 89,007,000,000 END |
| > 10,000 END | 30% | 56,354,000,000 END | Total | 148,285,000,000 END |
Debate
These messages have been posted to debate on this bill:
| Date | 21:06:04, February 04, 2006 CET | From | Society of Sadists | To | Debating the Income tax proposal of November 2180 |
| Message | Our aplogies to the Finance minister for taking swift action, but we wish to resolve the fascist overspend before the end of the financial cycle. |
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Voting
| Vote | Seats | ||||||
| yes | Total Seats: 53 | ||||||
| no | Total Seats: 0 | ||||||
| abstain |
Total Seats: 47 |
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