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Bill: Income tax proposal of July 4710
Details
Submitted by[?]: Partidul Popular Republican
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: March 4711
Description[?]:
| The Partidul Popular Republican propose to adjust the government's income tax policy to better address the economic situation of the Republica Chizână (Kizenia/New Endralon). Making the rich contribute more to society while giving tax brakes to the lowest earning workers. |
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 |
| > 20,000 NED | 10% | 172,146,000,000 NED |
| > 50,000 NED | 30% | 299,794,000,000 NED |
| > 75,000 NED | 55% | 393,054,000,000 NED |
| > 100,000 NED | 70% | 557,581,000,000 NED |
| > 150,000 NED | 80% | 376,881,000,000 NED |
| > 200,000 NED | 85% | 253,892,000,000 NED |
| > 250,000 NED | 90% | 269,354,000,000 NED | Total | 2,322,702,000,000 NED |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |
| yes | Total Seats: 178 | |
| no | Total Seats: 0 | |
| abstain |
Total Seats: 122 |
| Random fact: Cabinet ministers who disagree seriously with the head of government would usually be expected to resign. Parties within the cabinet may attempt to manoeuvre to replace the head of government though, for example by proposing a new cabinet bill or voting for an early election. |
| Random quote: "Democracy means simply the bludgeoning of the people by the people for the people." - Oscar Wilde |