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Bill: Income tax proposal of July 4412
Details
Submitted by[?]: Lýðveldisflokkurinn (Republican 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: March 4413
Description[?]:
| The Lýðveldisflokkurinn (Republican Party) propose to adjust the government's income tax policy to better address the economic situation of the Manrick Union, Telamon/Grenmark / Manrick Stéttarfélags, Tælmörk/Grænmörk. This proposal reduces each tax band by 5%. |
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 TPD | 20% | 20,981,000,000 TPD |
| > 4,000 TPD | 30% | 20,169,000,000 TPD |
| > 6,000 TPD | 40% | 13,391,000,000 TPD |
| > 8,000 TPD | 50% | 18,441,000,000 TPD |
| > 12,000 TPD | 60% | 9,597,000,000 TPD | Total | 82,579,000,000 TPD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes | Total Seats: 123 | |
| no | Total Seats: 0 | |
| abstain |
Total Seats: 0 |
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