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Bill: Income tax proposal of October 4423
Details
Submitted by[?]: Partiya Demokratîk a Azad
Status[?]: defeated
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 4424
Description[?]:
The Free Democatic Party 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 |
> 500 ACR | 10% | 2,810,000,000 ACR |
> 1,001 ACR | 20% | 16,826,000,000 ACR |
> 2,501 ACR | 25% | 29,338,000,000 ACR |
> 5,001 ACR | 41% | 44,113,000,000 ACR |
> 10,001 ACR | 50% | 20,678,000,000 ACR | Total | 113,765,000,000 ACR |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | ||
yes | Total Seats: 159 | ||
no |
Total Seats: 591 | ||
abstain | Total Seats: 0 |
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Random quote: "Benefits should be conferred gradually; and in that way they will taste better." - Niccolo Machiavelli |