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Bill: Income tax proposal of March 4394
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: November 4394
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. |
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 |
| > 2,000 EGP | 10% | 11,375,000,000 EGP |
| > 4,000 EGP | 15% | 32,865,000,000 EGP |
| > 8,000 EGP | 25% | 66,302,000,000 EGP |
| > 16,000 EGP | 30% | 35,641,000,000 EGP |
| > 24,000 EGP | 35% | 17,862,000,000 EGP |
| > 32,000 EGP | 45% | 9,394,000,000 EGP |
| > 40,000 EGP | 60% | 6,275,000,000 EGP | Total | 179,714,000,000 EGP |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||
| yes | Total Seats: 120 | ||
| no | Total Seats: 0 | ||
| abstain | Total Seats: 0 |
| Random fact: The influence a bill has on elections decreases over time, until it eventually is no longer relevant. This can explain shifts in your party's position to the electorate and your visibility. |
| Random quote: "The right to suffer is one of the joys of a free economy." - Howard Pyle (commenting on unemployment in Detroit) |