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Bill: Income tax proposal of May 4206
Details
Submitted by[?]: People's Party of Endralon
Status[?]: defeated
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: January 4207
Description[?]:
| The People's Party of Endralon propose to adjust the government's income tax policy to better address the economic situation of the Szövetségi Köztársaság Endralon (Federal Republic of Endralon). We propose a 1 percentage point cut in the lowest bracket. |
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 END | 14% | 47,464,000,000 END |
| > 7,000 END | 20% | 36,116,000,000 END |
| > 14,000 END | 25% | 13,677,000,000 END |
| > 19,000 END | 40% | 13,600,000,000 END |
| > 25,000 END | 50% | 12,510,000,000 END | Total | 123,367,000,000 END |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||
| yes | Total Seats: 113 | ||
| no | Total Seats: 318 | ||
| abstain |
Total Seats: 149 |
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