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Bill: Income tax proposal of April 4412
Details
Submitted by[?]: Green Progressive Alliance [PAG]
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: December 4412
Description[?]:
| The Green Progressive Alliance propose to adjust the government's income tax policy to better address the economic situation of the Federal Union of Gaduridos. |
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 |
| > 23,000 GAD | 6% | 79,939,000,000 GAD |
| > 46,000 GAD | 8% | 213,170,000,000 GAD |
| > 92,000 GAD | 13% | 660,400,000,000 GAD |
| > 250,000 GAD | 16% | 287,726,000,000 GAD | Total | 1,241,235,000,000 GAD |
Debate
These messages have been posted to debate on this bill:
| Date | 21:06:00, June 21, 2018 CET | From | Green Progressive Alliance [PAG] | To | Debating the Income tax proposal of April 4412 |
| Message | Differences in Tax percentages: > 23,000 GAD -2% (lower class) > 46,000 GAD -1% (middle class) > 92,000 GAD +1% (higher class) > 250,000 GAD +16% (new tax bracket for super rich) |
| Date | 23:36:33, June 21, 2018 CET | From | Gaduridos Communist Party | To | Debating the Income tax proposal of April 4412 |
| Message | Despite feeling that anything short than 40% for 500,000 GAD + income isn't enough, the GCP will vote in favor since it is a step in the right direction. |
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Voting
| Vote | Seats | ||||||
| yes |
Total Seats: 269 | ||||||
| no | Total Seats: 0 | ||||||
| abstain |
Total Seats: 56 |
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| Random quote: "Fascism is capitalism plus murder." - Upton Sinclair |