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Bill: Income tax proposal of February 4301
Details
Submitted by[?]: Partia e Reformës (PR/KM/RP)
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: October 4301
Description[?]:
The Partia e Reformës (PR/KM/RP) propose to adjust the government's income tax policy to better address the economic situation of the Δημοκρατία της Καλοπί-Σιφίνας (Republic of Kalopi-Siphina). |
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 WAN | 5% | 70,325,000,000 WAN |
> 35,000 WAN | 20% | 444,122,000,000 WAN |
> 150,000 WAN | 32% | 36,087,000,000 WAN | Total | 550,534,000,000 WAN |
Debate
These messages have been posted to debate on this bill:
Date | 10:35:08, November 11, 2017 CET | From | Partia e Reformës (PR/KM/RP) | To | Debating the Income tax proposal of February 4301 |
Message | Mr Speaker, This revised income tax plan abolishes the 25% tax bracket for earners making between 70,001 - 150,000 WAN. We wish to encourage the creation of wealth for individuals and believe that this does, as many people are now paying less of their money into the government. There is a cut for top earners to encourage the most skilled to come to our country as soon as the Wolfsheim Disease is destroyed. Adnan Sehic Finance Minister |
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Voting
Vote | Seats | |
yes | Total Seats: 420 | |
no | Total Seats: 0 | |
abstain | Total Seats: 0 |
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