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Bill: Income tax proposal of April 4136
Details
Submitted by[?]: Nuova Socialdemocrazia
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: December 4136
Description[?]:
Minister of the Finance, Niccolò De Medici: The government propose a reform of the income tax to adeguate it to the current situation of Istalia as economy power, with diffused well-being but also a strong welfare. This proposal will grant also major progressivity. Thank you" |
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 | 5% | 2,855,000,000 LIS |
> 2,000 LIS | 15% | 25,516,000,000 LIS |
> 5,000 LIS | 23% | 29,919,000,000 LIS |
> 8,000 LIS | 28% | 26,706,000,000 LIS |
> 12,000 LIS | 35% | 12,884,000,000 LIS |
> 15,000 LIS | 40% | 15,188,000,000 LIS |
> 20,000 LIS | 43% | 13,295,000,000 LIS | Total | 126,363,000,000 LIS |
Debate
These messages have been posted to debate on this bill:
Date | 16:03:14, December 16, 2016 CET | From | Partito Nazionalista Istaliano | To | Debating the Income tax proposal of April 4136 |
Message | Below 5000 there should be a relief for public.We will oppose this budget.The government is just showing its brutal face. |
Date | 20:28:17, December 16, 2016 CET | From | Popolari per l'Istalia - U.o.L. | To | Debating the Income tax proposal of April 4136 |
Message | Figni (PPI): "Left to the government = more taxes. This is just a confirmation. Shame. We also have a budget surplus. You are thieves" |
Date | 22:53:04, December 16, 2016 CET | From | Alleanza Radicale - NCD | To | Debating the Income tax proposal of April 4136 |
Message | Aldo Martiri, whip of PSLI: "Hon. Figni, more taxes? Currently the income tax produce income for 128,170,476,602 LIS, whith this bill we will go to reduce the revenue of 2 billion!" |
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Voting
Vote | Seats | |||
yes | Total Seats: 295 | |||
no | Total Seats: 163 | |||
abstain | Total Seats: 100 |
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