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Bill: [09/4449] General Tax Raise (+/- 2%)
Details
Submitted by[?]: Bihērawī Dēmokiratisi
Status[?]: defeated
Votes: This bill proposes to change income taxes. It requires more than half of the legislature to vote yes. This bill will not pass any sooner than the deadline.
Voting deadline: May 4450
Description[?]:
The Bilits’igina Ina Fitihi propose to adjust the government's income tax policy to better address the economic situation of the የኩቦራ ሪፐብሊክ ኮቡራ (People's Republic of Cobura). Signed, Ahmad Nazur Minister of Finance United Governorates of Cobura |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 12
Current: 25
Proposed: 14
Article 2
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 |
> 1,750 COB | 10% | 4,274,000,000 COB |
> 2,500 COB | 15% | 21,196,000,000 COB |
> 5,000 COB | 18% | 34,595,000,000 COB |
> 10,000 COB | 22% | 27,526,000,000 COB | Total | 87,591,000,000 COB |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |
yes | Total Seats: 0 | |
no | Total Seats: 0 | |
abstain |
Total Seats: 179 |
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