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Bill: Income tax proposal of November 4289
Details
Submitted by[?]: Partido Eco-Animalista
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: July 4290
Description[?]:
The Partido Eco-Animalista propose to adjust the government's income tax policy to better address the economic situation of the República de Egelion. |
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 EGP | 10% | 15,299,000,000 EGP |
> 15,000 EGP | 13% | 11,622,000,000 EGP |
> 20,000 EGP | 15% | 9,118,000,000 EGP |
> 25,000 EGP | 17% | 5,639,000,000 EGP |
> 30,000 EGP | 19% | 3,384,000,000 EGP |
> 35,000 EGP | 20% | 2,132,000,000 EGP |
> 40,000 EGP | 21% | 487,000,000 EGP |
> 42,000 EGP | 23% | 801,000,000 EGP |
> 45,000 EGP | 25% | 870,000,000 EGP |
> 48,000 EGP | 27% | 335,000,000 EGP |
> 50,000 EGP | 25% | 0 EGP |
> 55,000 EGP | 30% | 0 EGP | Total | 49,687,000,000 EGP |
Debate
These messages have been posted to debate on this bill:
Date | 20:28:56, October 19, 2017 CET | From | Partido Eco-Animalista | To | Debating the Income tax proposal of November 4289 |
Message | A progressive taxation |
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Voting
Vote | Seats | |||
yes |
Total Seats: 189 | |||
no | Total Seats: 0 | |||
abstain | Total Seats: 0 |
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