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Bill: Income tax proposal of February 4381
Details
Submitted by[?]: Partido Nacionalista y Unionista
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: April 4382
Description[?]:
| The Liga para la Salvación y la Reconquista propose to adjust the government's income tax policy to better address the economic situation of the República de Egelion. Tax rises to pay for the security operations against the Communist terrorists. All tax bands see a rise, although lower rises for the two lower tax bands. |
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 |
| > 4,000 EGP | 12% | 26,264,000,000 EGP |
| > 8,000 EGP | 22% | 58,300,000,000 EGP |
| > 16,000 EGP | 35% | 59,366,000,000 EGP |
| > 32,000 EGP | 45% | 9,389,000,000 EGP |
| > 40,000 EGP | 55% | 5,774,000,000 EGP | Total | 159,093,000,000 EGP |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||||
| yes | Total Seats: 53 | ||||
| no | Total Seats: 0 | ||||
| abstain |
Total Seats: 35 |
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