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Bill: Income tax proposal of November 4325
Details
Submitted by[?]: Popular Progressive Party of Pontesi
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 4326
Description[?]:
| The Popular Progressive Party of Pontesi propose to adjust the government's income tax policy to better address the economic situation of the The Republic of Pontesi. |
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 |
| > 1,000 PON | 5% | 25,929,000,000 PON |
| > 10,000 PON | 10% | 57,619,000,000 PON |
| > 20,000 PON | 15% | 153,926,000,000 PON |
| > 50,000 PON | 35% | 139,559,000,000 PON |
| > 75,000 PON | 48% | 112,356,000,000 PON |
| > 100,000 PON | 52% | 81,160,000,000 PON |
| > 150,000 PON | 60% | 2,804,000,000 PON | Total | 573,353,000,000 PON |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||
| yes | Total Seats: 65 | ||
| no | Total Seats: 0 | ||
| abstain | Total Seats: 35 |
| Random fact: When elections in a country are held, all bills in the voting phase are reset to the debate phase. |
| Random quote: "Victory attained by violence is tantamount to a defeat, for it is momentary." - Mahatma Gandhi |