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Bill: Income tax proposal of March 4495
Details
Submitted by[?]: Liberté et Égalité
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: January 4496
Description[?]:
| The Liberté et Égalité propose to adjust the government's income tax policy to better address the economic situation of the Confederația Noului Endralon, Kizenia și Kuzaki (New Endralon / Kizenia). |
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 |
| > 1,000 NED | 2% | 10,470,000,000 NED |
| > 10,000 NED | 8% | 69,799,000,000 NED |
| > 25,000 NED | 9% | 129,269,000,000 NED |
| > 50,000 NED | 10% | 100,274,000,000 NED |
| > 75,000 NED | 12% | 86,053,000,000 NED |
| > 100,000 NED | 14% | 66,443,000,000 NED |
| > 125,000 NED | 17% | 55,208,000,000 NED |
| > 150,000 NED | 20% | 52,790,000,000 NED |
| > 175,000 NED | 23% | 47,999,000,000 NED |
| > 200,000 NED | 26% | 44,459,000,000 NED |
| > 225,000 NED | 29% | 37,274,000,000 NED |
| > 250,000 NED | 32% | 30,071,000,000 NED |
| > 275,000 NED | 35% | 25,572,000,000 NED |
| > 300,000 NED | 38% | 21,779,000,000 NED |
| > 320,000 NED | 41% | 15,665,000,000 NED |
| > 340,000 NED | 44% | 11,050,000,000 NED |
| > 360,000 NED | 47% | 4,483,000,000 NED |
| > 370,000 NED | 49% | 1,473,000,000 NED | Total | 810,131,000,000 NED |
Debate
These messages have been posted to debate on this bill:
| Date | 06:56:10, December 05, 2018 CET | From | Liberté et Égalité | To | Debating the Income tax proposal of March 4495 |
| Message | before certain errors that we have had with this tax, we correct and present this new proposal. This project expand in almost 50 billions NED our budget, in accordance with the objectives of reaching 7% of spending on education and 7% on military spending. Anasztaizia Gyôrfy Minister of Finance |
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Voting
| Vote | Seats | |
| yes |
Total Seats: 232 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 216 |
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