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Bill: Income tax proposal of October 4579
Details
Submitted by[?]: Leftist Party of Zardugalo
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: June 4580
Description[?]:
| The Leftist Party of Zardugalo propose to adjust the government's income tax policy to better address the economic situation of the Federacio de Zardugalo (Zardugal). |
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 ZAR | 10% | 14,331,000,000 ZAR |
| > 2,500 ZAR | 15% | 64,515,000,000 ZAR |
| > 10,000 ZAR | 20% | 114,693,000,000 ZAR |
| > 20,000 ZAR | 35% | 302,094,000,000 ZAR |
| > 40,000 ZAR | 40% | 166,705,000,000 ZAR |
| > 60,000 ZAR | 50% | 102,927,000,000 ZAR |
| > 80,000 ZAR | 50% | 155,696,000,000 ZAR | Total | 920,961,000,000 ZAR |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |
| yes | Total Seats: 300 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
| Random fact: Particracy has been running since 2005. Dorvik was Particracy's first nation, the Dorvik Social Democrats the first party and the International Greens the first Party Organisation. |
| Random quote: "In a sense we have come to our nation's capital to cash a cheque. When the architects of our republic wrote the magnificent words of the Constitution and the Declaration of Independence, they were signing a promissory note to which every American was to fall heir. This note was a promise that all men, yes, black men as well as white men, would be guaranteed the unalienable rights of life, liberty, and the pursuit of happiness." - Martin Luther King Jr. |