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Bill: Income tax proposal of December 4299
Details
Submitted by[?]: Rose Coalition
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: August 4300
Description[?]:
The Progressive-Socialist Party propose to adjust the government's income tax policy to better address the economic situation of the Pādshāhi-ye Amjad-e Aldegār. |
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 |
> 800 ACR | 11% | 2,460,000,000 ACR |
> 1,200 ACR | 15% | 6,708,000,000 ACR |
> 2,000 ACR | 20% | 8,944,000,000 ACR |
> 2,800 ACR | 25% | 10,622,000,000 ACR |
> 3,600 ACR | 40% | 25,819,000,000 ACR |
> 5,200 ACR | 50% | 12,322,000,000 ACR |
> 6,000 ACR | 65% | 45,855,000,000 ACR |
> 9,600 ACR | 80% | 37,248,000,000 ACR | Total | 149,978,000,000 ACR |
Debate
These messages have been posted to debate on this bill:
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Vote | Seats | |
yes |
Total Seats: 750 | |
no | Total Seats: 0 | |
abstain | Total Seats: 0 |
Random fact: Periodically, it is a good idea to go through your nation's Treaties and arrange to withdraw from any that are unwanted. |
Random quote: "Conservatism, however, is too often a welcome excuse for lazy minds, loath to adapt themselves to fast changing conditions." - Sigmund Freud |