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Bill: Economic restructuring
Details
Submitted by[?]: Democratic Party of the Peoples
Status[?]: defeated
Votes: This bill proposes to change income taxes. It requires more than half of the legislature to vote yes. This bill will not pass any sooner than the deadline.
Voting deadline: April 4518
Description[?]:
The PODEMOS propose to adjust the government's income tax policy to better address the economic situation of the Augus'rlji Jezknstat - Jelbék Rmjokaiknstat (Augustan Empire - Despotate of Jelbania). |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 2
Current: 0
Proposed: 15
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 5
Current: 19
Proposed: 25
Article 3
Proposal[?] to change The professional retirement age.
Old value:: 67
Current: 61
Proposed: 60
Article 4
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 |
> 500 JEL | 1% | 172,000,000 JEL |
> 800 JEL | 2% | 458,000,000 JEL |
> 1,200 JEL | 3% | 515,000,000 JEL |
> 1,500 JEL | 4% | 573,000,000 JEL |
> 1,750 JEL | 5% | 716,000,000 JEL |
> 2,000 JEL | 8% | 4,580,000,000 JEL |
> 3,000 JEL | 10% | 2,863,000,000 JEL |
> 3,500 JEL | 15% | 12,883,000,000 JEL |
> 5,000 JEL | 20% | 34,353,000,000 JEL |
> 8,000 JEL | 30% | 120,237,000,000 JEL |
> 15,000 JEL | 40% | 229,023,000,000 JEL |
> 25,000 JEL | 50% | 1,065,027,000,000 JEL | Total | 1,471,400,000,000 JEL |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |
yes | Total Seats: 0 | |
no | Total Seats: 0 | |
abstain | Total Seats: 0 |
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