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Bill: Income tax proposal of November 4528
Details
Submitted by[?]: Lion Party
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: July 4529
Description[?]:
| The Lion Party propose to adjust the government's income tax policy to better address the economic situation of the Yetebaberuti ya Kobura (Union of Cobura). |
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 |
| > 2,500 COB | 7% | 9,884,000,000 COB |
| > 5,000 COB | 15% | 17,157,000,000 COB |
| > 7,500 COB | 25% | 19,418,000,000 COB |
| > 10,000 COB | 33% | 41,244,000,000 COB | Total | 87,703,000,000 COB |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes |
Total Seats: 325 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
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