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Bill: Income tax proposal of December 4168
Details
Submitted by[?]: United National Congress
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: August 4169
Description[?]:
| The United National Congress propose to adjust the government's income tax policy to better address the economic situation of the United Republic of Pontesi. Furthering tax cuts in order to let the people keep more of their money. |
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 |
| > 11,000 PON | 15% | 77,901,000,000 PON |
| > 20,000 PON | 23% | 66,360,000,000 PON |
| > 25,000 PON | 30% | 69,801,000,000 PON |
| > 30,000 PON | 41% | 121,504,000,000 PON |
| > 40,000 PON | 45% | 274,295,000,000 PON |
| > 75,000 PON | 49% | 193,877,000,000 PON | Total | 803,738,000,000 PON |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||
| yes | Total Seats: 177 | ||
| no | Total Seats: 123 | ||
| abstain | Total Seats: 0 |
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