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Bill: Income tax proposal of January 5105
Details
Submitted by[?]: Confédération des Travailleurs
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: September 5105
Description[?]:
| The Confédération des Travailleurs propose to adjust the government's income tax policy to better address the economic situation of the Republique Rildanaise (Rildanor). |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 10
Current: 16
Proposed: 40
Article 2
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 2
Current: 21
Proposed: 0
Article 3
Proposal[?] to change The professional retirement age.
Old value:: 61
Current: 65
Proposed: 65
Article 4
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 |
| > 250 RCR | 5% | 729,000,000 RCR |
| > 500 RCR | 8% | 2,332,000,000 RCR |
| > 1,000 RCR | 10% | 2,916,000,000 RCR |
| > 1,500 RCR | 12% | 3,499,000,000 RCR |
| > 2,000 RCR | 15% | 4,373,000,000 RCR |
| > 2,500 RCR | 20% | 5,831,000,000 RCR |
| > 3,000 RCR | 25% | 7,289,000,000 RCR |
| > 3,500 RCR | 30% | 8,747,000,000 RCR |
| > 4,000 RCR | 35% | 20,223,000,000 RCR |
| > 5,000 RCR | 40% | 20,789,000,000 RCR |
| > 6,000 RCR | 45% | 30,398,000,000 RCR |
| > 7,500 RCR | 50% | 44,377,000,000 RCR |
| > 10,000 RCR | 55% | 35,853,000,000 RCR |
| > 12,500 RCR | 60% | 31,462,000,000 RCR |
| > 15,000 RCR | 65% | 41,281,000,000 RCR |
| > 20,000 RCR | 70% | 27,095,000,000 RCR |
| > 25,000 RCR | 75% | 24,714,000,000 RCR |
| > 35,000 RCR | 80% | 2,497,000,000 RCR | Total | 314,405,000,000 RCR |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes | Total Seats: 550 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
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