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Bill: Income tax proposal of March 4366
Details
Submitted by[?]: Parti de la Gauche
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: February 4369
Description[?]:
| The Parti Possibilité pour l'égalité propose to adjust the government's income tax policy to better address the economic situation of the République de Rildanor (Republic of Rildanor). |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 50
Current: 16
Proposed: 40
Article 2
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 0
Current: 21
Proposed: 2
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 |
| > 1,000 RCR | 7% | 6,128,000,000 RCR |
| > 2,500 RCR | 12% | 17,444,000,000 RCR |
| > 5,000 RCR | 17% | 20,332,000,000 RCR |
| > 7,500 RCR | 22% | 19,543,000,000 RCR |
| > 10,000 RCR | 27% | 17,613,000,000 RCR |
| > 12,500 RCR | 32% | 16,788,000,000 RCR |
| > 15,000 RCR | 37% | 13,707,000,000 RCR |
| > 17,500 RCR | 42% | 7,207,000,000 RCR |
| > 19,000 RCR | 47% | 4,368,000,000 RCR |
| > 20,000 RCR | 52% | 10,686,000,000 RCR |
| > 22,500 RCR | 57% | 10,345,000,000 RCR |
| > 25,000 RCR | 62% | 9,879,000,000 RCR |
| > 27,500 RCR | 67% | 6,858,000,000 RCR |
| > 30,000 RCR | 72% | 7,118,000,000 RCR | Total | 168,016,000,000 RCR |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||
| yes | Total Seats: 47 | ||
| no | Total Seats: 0 | ||
| abstain |
Total Seats: 28 |
| Random fact: Culturally Open nations can adopt advisory/non-enforceable Nation Descriptions. See http://forum.particracy.net/viewtopic.php?f=5&t=6242 |
| Random quote: "I never dared to be radical when young. For fear it would make me conservative when old." - Robert Frost |