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Bill: Income tax proposal of October 4468
Details
Submitted by[?]: Democratic 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: June 4469
Description[?]:
| The Democratic Party propose to adjust the government's income tax policy to better address the economic situation of the Republic of Cildania. |
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 CDC | 12% | 34,405,000,000 CDC |
| > 10,000 CDC | 27% | 280,388,000,000 CDC |
| > 30,000 CDC | 38% | 193,375,000,000 CDC |
| > 50,000 CDC | 42% | 117,360,000,000 CDC |
| > 70,000 CDC | 48% | 73,679,000,000 CDC |
| > 90,000 CDC | 53% | 57,807,000,000 CDC | Total | 757,014,000,000 CDC |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes |
Total Seats: 156 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 144 |
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