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Bill: [11/4345] Government Shutdown Prevention Plan I
Details
Submitted by[?]: Bihērawī Dēmokiratisi
Status[?]: passed
Votes: This bill proposes to change income taxes. It requires more than half of the legislature to vote yes. This bill will not pass any sooner than the deadline.
Voting deadline: July 4346
Description[?]:
The Kolibro propose to adjust the government's income tax policy to better address the economic situation of the የኩቦራ ስፔኖች አስተዳዳሪዎች (United Governorates of Cobura). We need to end the current negative surplus! Therefore, we need to raise taxes with 4 percent and lower government spending. This is the only way to save the government from shutting down, and therewith crushing the economy. Signed, Zimano Ratriĉo - Kolibro Finance Spokesperson |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 12
Current: 25
Proposed: 14
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 13
Current: 45
Proposed: 14
Article 3
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 |
> 2,500 COB | 12% | 16,959,000,000 COB |
> 5,000 COB | 14% | 26,910,000,000 COB |
> 10,000 COB | 19% | 14,630,000,000 COB |
> 15,000 COB | 23% | 7,238,000,000 COB |
> 20,000 COB | 28% | 2,577,000,000 COB |
> 25,000 COB | 33% | 1,241,000,000 COB |
> 30,000 COB | 39% | 1,438,000,000 COB | Total | 70,993,000,000 COB |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | ||
yes |
Total Seats: 303 | ||
no |
Total Seats: 202 | ||
abstain | Total Seats: 0 |
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