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Bill: Income tax proposal of September 4315
Details
Submitted by[?]: Partia Koalicji Narodowej 🔵
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 4316
Description[?]:
| The Partia Koalicji Narodowej ☑️ propose to adjust the government's income tax policy to better address the economic situation of the Rzeczpospolita Walruzyjska (Republic of Valruzia). - For Individuals earning between 9,000 VPO and 14,999 VPO the tax rate was lowered from 5% to 4%. - For Individuals earning between 15,000 VPO and 19,999 VPO the tax rate was lowered from 9% to 7%. |
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 |
| > 9,000 VPO | 4% | 13,680,000,000 VPO |
| > 15,000 VPO | 7% | 17,610,000,000 VPO |
| > 20,000 VPO | 13% | 24,714,000,000 VPO |
| > 25,000 VPO | 17% | 23,667,000,000 VPO |
| > 30,000 VPO | 21% | 39,874,000,000 VPO |
| > 40,000 VPO | 24% | 26,252,000,000 VPO |
| > 50,000 VPO | 27% | 27,613,000,000 VPO |
| > 65,000 VPO | 30% | 8,415,000,000 VPO |
| > 75,000 VPO | 32% | 8,568,000,000 VPO |
| > 90,000 VPO | 35% | 6,154,000,000 VPO | Total | 196,547,000,000 VPO |
Debate
These messages have been posted to debate on this bill:
| Date | 14:42:57, December 10, 2017 CET | From |  Partia Koalicji Narodowej 🔵 | To | Debating the Income tax proposal of September 4315 |
| Message | Mr. Marshall, At the beginning, we were wondering why the WPLP opposes this bill, which is aimed at lowering taxes. But, Mr. Marshall, we've realized that there is no point in wondering why the WPLP is opposing this as their agenda lacks consistency and in so incoherent that no human mind will be ever able to understand it. Robert Tomczyk, Prime Minister of Valruzia. |
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Voting
| Vote | Seats | |
| yes | Total Seats: 337 | |
| no |
Total Seats: 78 | |
| abstain | Total Seats: 50 |
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