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Bill: Income tax proposal of October 4409
Details
Submitted by[?]: Progressive Party
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: June 4410
Description[?]:
The Progressive Party propose to adjust the government's income tax policy to better address the economic situation of the Pnték Jeznyfkaiék Hldjogad/Rei Publicae Dynasticae Pontesiae (Pontesian Dynastic Commonwealth). |
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 |
> 10,000 PON | 5% | 28,776,000,000 PON |
> 20,000 PON | 10% | 51,985,000,000 PON |
> 30,000 PON | 20% | 101,061,000,000 PON |
> 50,000 PON | 50% | 165,284,000,000 PON |
> 70,000 PON | 70% | 211,279,000,000 PON |
> 100,000 PON | 90% | 144,537,000,000 PON | Total | 702,922,000,000 PON |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |
yes |
Total Seats: 500 | |
no | Total Seats: 0 | |
abstain | Total Seats: 0 |
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