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Bill: Flat Tax Act
Details
Submitted by[?]: Ducal Delegation
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: August 2209
Description[?]:
Our 'Flat Tax' will simplify the tax system, making it much easier to understand, whilst taking lots of low-earners outside of the income tax bracket altogether. Percy Waterman (Personal Secretary to the Grand Duke of Hikirena) |
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 |
> 4,100 ACR | 30% | 55,103,000,000 ACR | Total | 55,103,000,000 ACR |
Debate
These messages have been posted to debate on this bill:
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Vote | Seats | ||||
yes |
Total Seats: 213 | ||||
no | Total Seats: 98 | ||||
abstain | Total Seats: 64 |
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