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Bill: Elimination of Income tax Act
Details
Submitted by[?]: Auguri de Curia Inserenus
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: October 4286
Description[?]:
| Senators, Through the elimination of the income tax, we ensure a freer, smoother economic climate for all Pontesians. Shiv Singha Magister of Finance |
Proposals
Article 1
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 3
Current: 10
Proposed: 15
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 20
Current: 25
Proposed: 30
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 |
| > 1,000,000 PON | 1% | 0 PON | Total | 0 PON |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||
| yes | Total Seats: 75 | ||
| no | Total Seats: 0 | ||
| abstain | Total Seats: 0 |
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