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Bill: Income tax proposal of June 4242
Details
Submitted by[?]: Partito Nazionale Democratico
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: February 4243
Description[?]:
| The Alternativa Istaliana propose to adjust the government's income tax policy to better address the economic situation of the Repubblica Istaliana (Istalia). |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 13
Current: 8
Proposed: 9
Article 2
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 2
Current: 1
Proposed: 1
Article 3
Proposal[?] to change Sales tax on luxury goods.
Old value:: 33
Current: 15
Proposed: 30
Article 4
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 |
| > 1,001 LIS | 6% | 10,292,000,000 LIS |
| > 4,001 LIS | 16% | 34,743,000,000 LIS |
| > 9,001 LIS | 26% | 23,481,000,000 LIS |
| > 14,001 LIS | 36% | 15,700,000,000 LIS |
| > 19,001 LIS | 44% | 16,185,000,000 LIS | Total | 100,401,000,000 LIS |
Debate
These messages have been posted to debate on this bill:
| Date | 00:42:45, July 17, 2017 CET | From | Alleanza Radicale - NCD | To | Debating the Income tax proposal of June 4242 |
| Message | Lavinia Maggi, President of the Council: "Very Good!" |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 450 | ||||
| no |
Total Seats: 185 | ||||
| abstain | Total Seats: 0 |
| Random fact: "Jezvraljogadsrlji" means "Social" in the Jelbic languages. |
| Random quote: "It depends upon what the meaning of the word 'is' is." - Bill Clinton |