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Bill: Income tax proposal of August 4546
Details
Submitted by[?]: حزب السلطان Hizb Alsultan
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 4547
Description[?]:
The حزب السلطان Hizb Alsultan propose to adjust the government's income tax policy to better address the economic situation of the الامراض الوراثية احمديه سلطنة بادارة (Badara). The Sultan proposes this bill to establish a progressive income tax structure, where all contribute according to their abilities to do so. |
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 BDR | 1% | 573,000,000 BDR |
> 1,000 BDR | 3% | 11,177,000,000 BDR |
> 7,500 BDR | 7% | 30,092,000,000 BDR |
> 15,000 BDR | 10% | 57,317,000,000 BDR |
> 25,000 BDR | 15% | 128,964,000,000 BDR |
> 40,000 BDR | 20% | 107,503,000,000 BDR |
> 50,000 BDR | 25% | 284,171,000,000 BDR |
> 75,000 BDR | 30% | 216,855,000,000 BDR |
> 100,000 BDR | 35% | 161,012,000,000 BDR |
> 125,000 BDR | 40% | 125,782,000,000 BDR |
> 150,000 BDR | 45% | 78,767,000,000 BDR |
> 175,000 BDR | 50% | 99,835,000,000 BDR | Total | 1,302,048,000,000 BDR |
Debate
These messages have been posted to debate on this bill:
Date | 18:07:09, March 18, 2019 CET | From | SDE Party | To | Debating the Income tax proposal of August 4546 |
Message | I suggest the government to implement a Personal Allowance in the Income Tax Table: Those who earn less than 15.000 BDR shouldn't pay taxes. If the government is cutting in expenditure, should consider cut in taxes as well to promote a better system. There is no reason to cut expenditure and to keep high taxes on poor! |
Date | 03:23:33, March 19, 2019 CET | From | حزب السلطان Hizb Alsultan | To | Debating the Income tax proposal of August 4546 |
Message | Why should those who earn less than 15,000 BDR not pay taxes? Do they not claim citizenship? Do they not receive services? Do they not have an obligation for the maintenence of their country the same as the wealthy do? We are bringing expenditures in line with the actual costs of the programs, in line with the greatly reduced size of government due to woeful neglect of this country over the past few decades. Money has been pouring down a black hole and a surplus for the time being is needed to cover all the off the books expenses incurred during the period of the Absentee Republic. Now is the time for rectification. |
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Voting
Vote | Seats | ||
yes | Total Seats: 75 | ||
no | Total Seats: 0 | ||
abstain | Total Seats: 0 |
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