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Bill: Tax Adjustment Act of 4345
Details
Submitted by[?]: Progressive Conservative Party
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 4346
Description[?]:
Adjusts tax rates from the Comprehensive Tax Reform Act of 4344 to raise the lower than anticipated revenues for the government. |
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 |
> 23,000 GAD | 8% | 106,764,000,000 GAD |
> 46,000 GAD | 9% | 240,219,000,000 GAD |
> 92,000 GAD | 12% | 826,859,000,000 GAD | Total | 1,173,842,000,000 GAD |
Debate
These messages have been posted to debate on this bill:
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Vote | Seats | |||
yes | Total Seats: 171 | |||
no | Total Seats: 25 | |||
abstain | Total Seats: 104 |
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