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Bill: Income tax proposal of May 4350
Details
Submitted by[?]: Progressive Future Party
Status[?]: defeated
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: January 4351
Description[?]:
| The Progressive Future Party propose to adjust the government's income tax policy to better address the economic situation of the Republiek van Seridjan (Republic of Saridan). |
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 SAD | 10% | 39,345,000,000 SAD |
| > 8,000 SAD | 21% | 23,607,000,000 SAD |
| > 10,000 SAD | 22% | 48,243,000,000 SAD |
| > 14,000 SAD | 23% | 45,909,000,000 SAD |
| > 18,000 SAD | 24% | 21,662,000,000 SAD |
| > 20,000 SAD | 25% | 73,389,000,000 SAD |
| > 30,000 SAD | 35% | 56,894,000,000 SAD |
| > 40,000 SAD | 45% | 50,050,000,000 SAD |
| > 50,000 SAD | 55% | 29,346,000,000 SAD |
| > 60,000 SAD | 65% | 16,344,000,000 SAD |
| > 70,000 SAD | 75% | 11,458,000,000 SAD | Total | 416,247,000,000 SAD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |||
| yes | Total Seats: 0 | |||
| no |
Total Seats: 0 | |||
| abstain |
Total Seats: 112 |
| Random fact: Jelbic = "Group of cultures with an overall Central Asian/Eurasian steppe theme, using a fictional language developed specifically for Particracy". |
| Random quote: Although I understand and respect the intentions behind the gesture, this is not something that is universally understood or appreciated, and it tends to give out a negative impression of our party. ~ Anton Weinreich, General Secretary of the Dorvish Communist Party, pleading with his members to stop burning the national flag |