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Bill: Income tax proposal of November 4166
Details
Submitted by[?]: Socia Libereco 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 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 4167
Description[?]:
The Social 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
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 |
> 1,040 ZAR | 4% | 9,563,000,000 ZAR |
> 5,201 ZAR | 8% | 23,906,000,000 ZAR |
> 10,402 ZAR | 13% | 38,847,000,000 ZAR |
> 15,603 ZAR | 18% | 53,788,000,000 ZAR |
> 20,804 ZAR | 24% | 66,523,000,000 ZAR |
> 26,005 ZAR | 30% | 68,479,000,000 ZAR |
> 31,206 ZAR | 36% | 71,506,000,000 ZAR |
> 36,407 ZAR | 42% | 67,850,000,000 ZAR |
> 41,608 ZAR | 48% | 426,908,000,000 ZAR | Total | 827,370,000,000 ZAR |
Debate
These messages have been posted to debate on this bill:
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Vote | Seats | |
yes |
Total Seats: 297 | |
no | Total Seats: 0 | |
abstain |
Total Seats: 203 |
Random fact: When forming a cabinet, try to include as few parties as possible, while still obtaining a majority of the seats. |
Random quote: "If democracy is ever to be threatened, it will not be by revolutionary groups burning government offices and occupying the broadcasting and newspaper offices of the world. It will come from disenchantment, cynicism and despair caused by the realization that the New World Order means we are all to be managed and not represented." - Tony Benn |