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Bill: Income tax proposal of January 4200
Details
Submitted by[?]: Liberecana Unio
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: September 4200
Description[?]:
| The Liberecana Unio 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: 9
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 9
Current: 8
Proposed: 5
Article 3
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 ZAR | 1% | 8,604,000,000 ZAR |
| > 14,999 ZAR | 9% | 50,446,000,000 ZAR |
| > 24,999 ZAR | 17% | 72,097,000,000 ZAR |
| > 34,999 ZAR | 25% | 75,491,000,000 ZAR |
| > 44,999 ZAR | 33% | 202,639,000,000 ZAR |
| > 99,999 ZAR | 40% | 73,950,000,000 ZAR | Total | 483,227,000,000 ZAR |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes |
Total Seats: 400 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
| Random fact: "Game mechanics comes first." For example, if a currently-enforced bill sets out one law, then a player cannot claim the government has set out a contradictory law. |
| Random quote: "We must face the fact that the preservation of individual freedom is incompatible with a full satisfaction of our views of distributive justice." - Friedrich August von Hayek |