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Bill: Income tax proposal of April 5011
Details
Submitted by[?]: Libertarian Socialist Party (LSP/PSL)
Status[?]: passed
Votes: This bill proposes to change income taxes. It requires more than half of the legislature to vote yes. This bill will not pass any sooner than the deadline.
Voting deadline: December 5011
Description[?]:
| The Super Progressive Party (SPP/PSP) propose to adjust the government's income tax policy to better address the economic situation of the Federal Republic of Gaduridos (Gaduridos). |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 25
Current: 25
Proposed: 28
Article 2
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 |
| > 12,000 GAD | 10% | 220,684,000,000 GAD |
| > 50,000 GAD | 20% | 1,023,649,000,000 GAD |
| > 150,000 GAD | 30% | 724,422,000,000 GAD |
| > 250,000 GAD | 35% | 353,947,000,000 GAD |
| > 350,000 GAD | 45% | 356,324,000,000 GAD | Total | 2,679,026,000,000 GAD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes | Total Seats: 164 | |
| no |
Total Seats: 136 | |
| abstain |
Total Seats: 0 |
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