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Bill: Income tax proposal of November 4616
Details
Submitted by[?]: Bond van Hosian-Socialisten (BHS)
Status[?]: passed
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: July 4617
Description[?]:
| The Bond van Hosian-Socialisten (BHS) propose to adjust the government's income tax policy to better address the economic situation of the Republiek van Seridjan (Republic of Saridan). |
Proposals
Article 1
Proposal[?] to change Sales tax on luxury goods.
Old value:: 15
Current: 21
Proposed: 30
Article 2
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 |
| > 11,000 SAD | 20% | 90,566,000,000 SAD |
| > 20,000 SAD | 30% | 88,039,000,000 SAD |
| > 30,000 SAD | 40% | 64,997,000,000 SAD |
| > 40,000 SAD | 60% | 98,712,000,000 SAD |
| > 60,000 SAD | 80% | 32,344,000,000 SAD | Total | 374,658,000,000 SAD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes | Total Seats: 750 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
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