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Bill: Income tax proposal of December 4650
Details
Submitted by[?]: Nova Aŭgustana Alianco
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 4651
Description[?]:
| The Nova Aŭgustana Alianco propose to adjust the government's income tax policy to better address the economic situation of the Yetebaberuti ya Kobura (Union of Cobura). |
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 |
| > 1,000 COB | 20% | 108,651,000,000 COB | Total | 108,651,000,000 COB |
Debate
These messages have been posted to debate on this bill:
| Date | 15:31:19, October 17, 2019 CET | From |  Nova Aŭgustana Alianco | To | Debating the Income tax proposal of December 4650 |
| Message | Fellow MP's We propose the following taxation bill. In light of previous excesses by governments, we propose to reform the budget. We propose that all taxation on income be replaced by a flat tax of 20 percent above the tax-free bracket of 1000 COB The Minister of Finance |
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Voting
| Vote | Seats | |
| yes | Total Seats: 85 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
| Random fact: Information about the population of each country can be found on the Population Information thread: http://forum.particracy.net/viewtopic.php?f=5&t=8663 |
| Random quote: "It is obvious that the laissez-faire ideology represents the interests of big business. For decades, the right-wing has opposed welfare programs and nationalised companies, in favour of big business disguised under 'economic liberty'." - Cecilia Xu, former Gaduri politician |