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Bill: Decreasing the tax rate
Details
Submitted by[?]: Ndrálon People's Party
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: January 4758
Description[?]:
The Ndrálon People's Party propose to adjust the government's income tax policy to better address the economic situation of the Ndrálon Direktoriális Köztársaság (Directorial Republic of Endralon). My party thinks, the current economic situation, and our surplus allow us, this tax decreasing. |
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 |
> 500 END | 3% | 876,000,000 END |
> 1,000 END | 5% | 1,314,000,000 END |
> 1,450 END | 7% | 4,293,000,000 END |
> 2,500 END | 13% | 3,796,000,000 END |
> 3,000 END | 17% | 55,695,000,000 END |
> 10,000 END | 30% | 56,318,000,000 END | Total | 122,292,000,000 END |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | ||||
yes |
Total Seats: 100 | ||||
no | Total Seats: 41 | ||||
abstain | Total Seats: 54 |
Random fact: In cases where players have failed to clearly and accurately reference their nation's RP laws in the "Bills under debate" section, Moderation will rule them invalid if a challenge is made to their validity. |
Random quote: "God creates men, but they choose each other." - Niccolo Machiavelli |