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Bill: D.d.l. 01/4369 - Income Tax Proposal
Details
Submitted by[?]: Partito del Socialismo Istaliano - F.P.
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: February 4370
Description[?]:
While PCI, FD and AR believe in a progressive taxation with different degrees, I know - also studying the past Income proposals of this party - that PRI believes in a more flat system; this improvement of the Income Tax, then, will on one hand be more progressive, but on the other will open the way for a new plan of spending, regarding particularly to Health care, Education (which I hope to centralize soon with the P.d.l. 01/69) and Food and Agriculture, which Partito Repubblicano particularly hears on its skin. I call the upcoming Minister of the Economy to propose any criticism. After the approval of this Bill, we will have 30,000,000,000 LIRA of Surplus to spend for the well of citizens! - Ernesto Revara, Head of Government (Fronte Democratico request (Ministry of the finances): extention of the no-tax area Partito Repubblicano request: flattering of the tax rates, changing the max value from 35% to 30% Alleanza Radicale request: extention of the brackets of taxation) |
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 |
| > 1,501 LIS | 6% | 3,426,000,000 LIS |
| > 2,501 LIS | 15% | 17,130,000,000 LIS |
| > 4,501 LIS | 25% | 24,735,000,000 LIS |
| > 6,501 LIS | 31% | 80,531,000,000 LIS | Total | 125,822,000,000 LIS |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |||||
| yes |
Total Seats: 282 | |||||
| no |
Total Seats: 136 | |||||
| abstain | Total Seats: 87 |
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