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Bill: Income tax proposal of April 4434
Details
Submitted by[?]: Radikala Komunisma Partio
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 4434
Description[?]:
| The Radikala Komunisma Partio propose to adjust the government's income tax policy to better address the economic situation of the Populara Respubliko de Zardugal. |
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 |
| > 5,000 ZAR | 80% | 229,316,000,000 ZAR |
| > 10,000 ZAR | 80% | 458,632,000,000 ZAR |
| > 20,000 ZAR | 80% | 400,921,000,000 ZAR |
| > 30,000 ZAR | 80% | 289,446,000,000 ZAR |
| > 40,000 ZAR | 85% | 211,066,000,000 ZAR |
| > 50,000 ZAR | 80% | 134,625,000,000 ZAR |
| > 60,000 ZAR | 32% | 38,284,000,000 ZAR |
| > 70,000 ZAR | 33% | 28,479,000,000 ZAR |
| > 80,000 ZAR | 34% | 23,516,000,000 ZAR |
| > 90,000 ZAR | 35% | 20,289,000,000 ZAR |
| > 100,000 ZAR | 36% | 14,654,000,000 ZAR |
| > 110,000 ZAR | 37% | 12,984,000,000 ZAR |
| > 120,000 ZAR | 38% | 13,335,000,000 ZAR |
| > 130,000 ZAR | 38% | 11,436,000,000 ZAR |
| > 140,000 ZAR | 38% | 4,574,000,000 ZAR |
| > 150,000 ZAR | 38% | 4,442,000,000 ZAR |
| > 160,000 ZAR | 38% | 2,297,000,000 ZAR |
| > 170,000 ZAR | 38% | 2,159,000,000 ZAR |
| > 180,000 ZAR | 38% | 2,159,000,000 ZAR |
| > 190,000 ZAR | 38% | 1,010,000,000 ZAR | Total | 1,903,624,000,000 ZAR |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |
| yes | Total Seats: 745 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
| Random fact: In cases where players have failed to clearly and accurately reference their nation's RP laws in the "Bills under debate" section, Moderation will rule them invalid if a challenge is made to their validity. |
| Random quote: "Radical left-wing ideologies must be stamped out." - Franklin McCarthy, former Solentian politician |