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Bill: Income tax proposal of April 4695
Details
Submitted by[?]: Novus Partis Rexisti
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: December 4695
Description[?]:
| The Novus Partis Rexisti propose to adjust the government's income tax policy to better address the economic situation of the Res Publica Seluciae (Selucia). The tax will be modified to a flat tax of 20% |
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 |
| > 1,500 SEN | 20% | 39,190,000,000 SEN |
| > 5,000 SEN | 20% | 32,708,000,000 SEN |
| > 10,000 SEN | 20% | 14,963,000,000 SEN |
| > 15,000 SEN | 20% | 8,441,000,000 SEN |
| > 20,000 SEN | 20% | 5,193,000,000 SEN |
| > 25,000 SEN | 20% | 2,602,000,000 SEN |
| > 30,000 SEN | 20% | 1,682,000,000 SEN |
| > 35,000 SEN | 20% | 480,000,000 SEN |
| > 40,000 SEN | 20% | 0 SEN | Total | 105,259,000,000 SEN |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes |
Total Seats: 300 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
| Random fact: Alduria, Rildanor and Lourenne all have Canrilaise (French) cultures. |
| Random quote: "What is conservatism? Is it not the adherence to the old and tried against the new and untried?" - Abraham Lincoln |