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Bill: Income tax proposal of September 4265
Details
Submitted by[?]: Hosian Civic Union
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: May 4266
Description[?]:
| The United Party for Progress propose to adjust the government's income tax policy to better address the economic situation of the Federal Union of Gaduridos. |
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 |
| > 10,000 GAD | 5% | 86,997,000,000 GAD |
| > 40,000 GAD | 45% | 260,991,000,000 GAD |
| > 50,000 GAD | 10% | 288,958,000,000 GAD |
| > 100,000 GAD | 15% | 333,288,000,000 GAD |
| > 150,000 GAD | 20% | 306,678,000,000 GAD |
| > 200,000 GAD | 25% | 219,577,000,000 GAD |
| > 250,000 GAD | 30% | 175,360,000,000 GAD |
| > 300,000 GAD | 35% | 148,919,000,000 GAD |
| > 350,000 GAD | 40% | 316,422,000,000 GAD | Total | 2,137,190,000,000 GAD |
Debate
These messages have been posted to debate on this bill:
| Date | 15:46:33, September 01, 2017 CET | From | Hosian Civic Union | To | Debating the Income tax proposal of September 4265 |
| Message | An extra 40% bracket has been added into our progressive tax system. |
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Voting
| Vote | Seats | |||
| yes |
Total Seats: 352 | |||
| no | Total Seats: 0 | |||
| abstain | Total Seats: 149 |
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