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Bill: Income tax proposal of November 4559
Details
Submitted by[?]: Democratic liberalist 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 4560
Description[?]:
The Democratic liberalist Party propose to adjust the government's income tax policy to better address the economic situation of the Ndrálonai Nagy Királyság (Endralon). |
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 END | 13% | 56,942,000,000 END |
> 8,000 END | 17% | 27,665,000,000 END |
> 16,000 END | 22% | 13,296,000,000 END |
> 24,000 END | 25% | 6,056,000,000 END |
> 32,000 END | 30% | 1,263,000,000 END | Total | 105,222,000,000 END |
Debate
These messages have been posted to debate on this bill:
Date | 08:30:31, April 13, 2019 CET | From | Conservative Party | To | Debating the Income tax proposal of November 4559 |
Message | We can see this is one step in the right direction. We should increase taxes slightly more on the poor, but in matter of fact, it generates a lot of revenue that the current tax system in place. We agree. Callum Marcus Head of Government - Conservative Party |
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Voting
Vote | Seats | ||
yes | Total Seats: 250 | ||
no | Total Seats: 0 | ||
abstain | Total Seats: 0 |
Random fact: Jelbic = "Group of cultures with an overall Central Asian/Eurasian steppe theme, using a fictional language developed specifically for Particracy". |
Random quote: "More Medicament Manufacture take the profits, workers take the factory" - Boros Norbert, former Endralonian businessman |