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Bill: Income tax proposal of January 4690
Details
Submitted by[?]: Partito Conservatore Nazionale
Status[?]: defeated
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 4691
Description[?]:
| The Partito Conservatore Nazionale - CIC propose to adjust the government's income tax policy to better address the economic situation of the Impero Istaliano (Istalia). |
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 LIS | 1% | 57,000,000 LIS |
| > 100 LIS | 2% | 1,030,000,000 LIS |
| > 1,000 LIS | 5% | 4,293,000,000 LIS |
| > 2,500 LIS | 10% | 14,194,000,000 LIS |
| > 5,000 LIS | 15% | 16,864,000,000 LIS |
| > 7,500 LIS | 20% | 15,016,000,000 LIS |
| > 10,000 LIS | 25% | 9,632,000,000 LIS |
| > 12,000 LIS | 35% | 37,107,000,000 LIS | Total | 98,193,000,000 LIS |
Debate
These messages have been posted to debate on this bill:
| Date | 16:35:08, January 05, 2020 CET | From | Blocco della Sinistra | To | Debating the Income tax proposal of January 4690 |
| Message | Members of the Assembly, This is a nonsense. A brutal tax cut that will benefit above all, and as always, the economic elite and the upper classes, to the detriment of essential public services and the working classes. And the Conservative Party does not even have the decency to explain why such drastic cuts. If you consult the current tax (http://classic.particracy.net/budget.php?nationid=39) and compare it, you will see that what this government intends is not only not to reduce taxes to the lower classes, but that only reduce them to the upper classes, thus allowing social differences in our country to be enlarged, that the poor be poorer and that public services cannot be paid for and that the State cannot help them either because the rich will stop contributing an amount substantial money. This should embarrass the government. Piermarco Carabetta General Secretary of the Left Bloc |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 316 | ||||
| no |
Total Seats: 247 | ||||
| abstain | Total Seats: 82 |
| Random fact: Bill descriptions must be in English, or at least include a full English translation. Bill titles may appear in a language that is appropriate to the nation and are not required to be translated into English. |
| Random quote: "It is dangerous to be right when the government is wrong." - Voltaire |