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Bill: Income tax proposal of August 4517
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: April 4518
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 | 3% | 15,732,000,000 NED |
> 10,000 NED | 11% | 96,137,000,000 NED |
> 25,000 NED | 13% | 187,037,000,000 NED |
> 50,000 NED | 15% | 150,656,000,000 NED |
> 75,000 NED | 18% | 129,278,000,000 NED |
> 100,000 NED | 21% | 99,825,000,000 NED |
> 125,000 NED | 25% | 81,338,000,000 NED |
> 150,000 NED | 29% | 76,687,000,000 NED |
> 175,000 NED | 33% | 69,010,000,000 NED |
> 200,000 NED | 37% | 63,407,000,000 NED |
> 225,000 NED | 41% | 52,813,000,000 NED |
> 250,000 NED | 45% | 42,361,000,000 NED |
> 275,000 NED | 49% | 35,862,000,000 NED |
> 300,000 NED | 53% | 57,769,000,000 NED |
> 350,000 NED | 58% | 14,120,000,000 NED | Total | 1,172,032,000,000 NED |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | ||
yes |
Total Seats: 341 | ||
no | Total Seats: 0 | ||
abstain | Total Seats: 254 |
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Random quote: "Apparently, a democracy is a place where numerous elections are held at great cost without issues and with interchangeable candidates." - Gore Vidal |