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Bill: Income tax proposal of February 4503
Details
Submitted by[?]: Partio de la Imperiestro
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: October 4503
Description[?]:
The Partio de la Imperiestro propose to adjust the government's income tax policy to better address the economic situation of the AĆgustana Imperio - Pretoriana Prefektejo de Zardio (Augustan Empire - Praetorian Prefecture of 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 |
> 1 ZAR | 15% | 246,790,000,000 ZAR |
> 30,000 ZAR | 22% | 79,481,000,000 ZAR |
> 40,000 ZAR | 28% | 174,084,000,000 ZAR |
> 80,000 ZAR | 32% | 40,623,000,000 ZAR |
> 100,000 ZAR | 40% | 61,108,000,000 ZAR |
> 150,000 ZAR | 42% | 8,653,000,000 ZAR |
> 175,000 ZAR | 45% | 5,049,000,000 ZAR | Total | 615,788,000,000 ZAR |
Debate
These messages have been posted to debate on this bill:
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Vote | Seats | |
yes |
Total Seats: 600 | |
no | Total Seats: 0 | |
abstain | Total Seats: 0 |
Random fact: When elections in a country are held, all bills in the voting phase are reset to the debate phase. |
Random quote: "Religion, like capitalism, will perish in the end. We estimate the complete Terra-wide extinction of Hosianism as a religious belief by the year 4409, and in Dorvik by 4398." - Friedrich Pfeiffer, former Dorvish politician |