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Bill: Income tax proposal of March 5081
Details
Submitted by[?]: Partito della Sinistra Osiana
Status[?]: defeated
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: November 5081
Description[?]:
| The Insieme/Nsemuli/'nseme/Ansem/Insémbre propose to adjust the government's income tax policy to better address the economic situation of the Unione Istaliana di Quanzar ed Alaria (Istalia/Quanzar and Alaria). |
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 LIS | 1% | 286,000,000 LIS |
| > 1,000 LIS | 5% | 11,396,000,000 LIS |
| > 5,000 LIS | 25% | 46,901,000,000 LIS |
| > 10,000 LIS | 40% | 30,191,000,000 LIS |
| > 15,000 LIS | 50% | 24,049,000,000 LIS |
| > 22,000 LIS | 99% | 20,826,000,000 LIS | Total | 133,649,000,000 LIS |
Debate
These messages have been posted to debate on this bill:
| Date | 22:44:15, February 27, 2022 CET | From | Partito Comunista Istaliano | To | Debating the Income tax proposal of March 5081 |
| Message | We suggest to change the brackets between 5.000 and 22.000 LIS: the 21% tax on 5000 is already fair, while the increase of taxation on the last three brackets is too much, 30%, 40% and 50% will be enough. |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 150 | |||
| no | Total Seats: 315 | |||
| abstain |
Total Seats: 110 |
| 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: "Capitalism is the only system that can make freedom, individuality, and the pursuit of values possible in practice." - Ayn Rand |