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Bill: Introductory Rate of Income Tax Act
Details
Submitted by[?]: Partiya Sosyalîst
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 4409
Description[?]:
The Partiya Sosyalîst a Demokrasî propose to adjust the government's income tax policy to better address the economic situation of the Jemhewra-ye Aldegār (Republic of Aldegar). |
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 ACR | 10% | 12,322,000,000 ACR |
> 2,200 ACR | 20% | 28,828,000,000 ACR |
> 5,300 ACR | 40% | 45,600,000,000 ACR |
> 12,000 ACR | 50% | 12,329,000,000 ACR | Total | 99,079,000,000 ACR |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | ||
yes |
Total Seats: 551 | ||
no | Total Seats: 0 | ||
abstain |
Total Seats: 199 |
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