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Bill: Further Income Tax Cuts
Details
Submitted by[?]: New Progressive Party of Pontesi
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 4487
Description[?]:
| The New Progressive Party of Pontesi propose to adjust the government's income tax policy to better address the economic situation of the Federal Constitutional Republic of Pontesi. We're proposing a further tax cut across the board after seeing how our economy adjusted to our last tax cut. |
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 |
| > 10,000 PON | 3% | 17,312,000,000 PON |
| > 20,000 PON | 8% | 41,694,000,000 PON |
| > 30,000 PON | 13% | 65,819,000,000 PON |
| > 50,000 PON | 28% | 92,739,000,000 PON |
| > 70,000 PON | 45% | 136,114,000,000 PON |
| > 100,000 PON | 55% | 88,635,000,000 PON | Total | 442,313,000,000 PON |
Debate
These messages have been posted to debate on this bill:
| Date | 03:31:39, November 18, 2018 CET | From |  Liberal Conservative Union of Pontesi | To | Debating the Further Income Tax Cuts |
| Message | The Liberal conservative Union welcomes the New Progressives Tax Cuts! |
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Voting
| Vote | Seats | ||
| yes | Total Seats: 499 | ||
| no | Total Seats: 0 | ||
| abstain | Total Seats: 0 |
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