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Bill: Income tax proposal of November 4757
Details
Submitted by[?]: Blocco della Sinistra
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 4758
Description[?]:
| The Blocco della Sinistra 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 |
| > 100 LIS | 5% | 3,149,000,000 LIS |
| > 1,200 LIS | 11% | 23,801,000,000 LIS |
| > 5,000 LIS | 16% | 20,870,000,000 LIS |
| > 8,000 LIS | 22% | 21,041,000,000 LIS |
| > 12,000 LIS | 39% | 14,397,000,000 LIS |
| > 15,000 LIS | 44% | 16,756,000,000 LIS |
| > 20,000 LIS | 48% | 14,886,000,000 LIS | Total | 114,900,000,000 LIS |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||
| yes |
Total Seats: 372 | ||
| no |
Total Seats: 186 | ||
| abstain |
Total Seats: 123 |
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| Random quote: "Poverty is like punishment for a crime you didn't commit." - Eli Khamarov |