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Bill: Income tax proposal of June 4772
Details
Submitted by[?]: Ligo de Senmortuloj
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: February 4773
Description[?]:
| The Ligo de Senmortuloj propose to adjust the government's income tax policy to better address the economic situation of the Zardika Federacio (Zardugal). |
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 |
| > 5,000 ZAR | 15% | 128,980,000,000 ZAR |
| > 20,000 ZAR | 25% | 174,288,000,000 ZAR |
| > 35,000 ZAR | 35% | 144,893,000,000 ZAR |
| > 50,000 ZAR | 45% | 129,502,000,000 ZAR |
| > 70,000 ZAR | 55% | 117,342,000,000 ZAR |
| > 100,000 ZAR | 65% | 119,881,000,000 ZAR | Total | 814,886,000,000 ZAR |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes |
Total Seats: 505 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
| Random fact: When elections in a country are held, all bills in the voting phase are reset to the debate phase. |
| Random quote: "If the misery of the poor be caused not by the laws of nature, but by our institutions, great is our sin." - Charles Darwin |