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Bill: Income tax proposal of October 4215
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: June 4216
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:: 9
Current: 30
Proposed: 7
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 5
Current: 8
Proposed: 3
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 |
> 1,000 ZAR | 1% | 13,633,000,000 ZAR |
> 24,999 ZAR | 15% | 108,893,000,000 ZAR |
> 44,999 ZAR | 35% | 279,439,000,000 ZAR | Total | 401,965,000,000 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: Players using inactive accounts and/or accounts from outside nations may only propose bills and/or contribute to discussions, whether IC (in-character) or OOC (out-of-character) with the general consent of the players in the nation. |
Random quote: "You cannot open a book without learning something." - Confucius |