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Bill: Ending Emir Wakeem's Tax Grab
Details
Submitted by[?]: Ahmadi Council for Justice and Virtue
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: February 5256
Description[?]:
The Ahmadi Council for Justice and Virtue propose to adjust the government's income tax policy to better address the economic situation of the Imārat-i Ahmādī-yi Sahel/Ahmadi Emirate of Solentia (Solentia). We propose an end to the tax grabbing policies of Emir Wakeem (see here http://forum.particracy.net/viewtopic.php?f=17&t=7182&start=760#p181778). This will halve the tax on essential goods and raise the tax threshold from 1000 to 5000. |
Proposals
Article 1
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 10
Current: 0
Proposed: 5
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 20
Current: 0
Proposed: 25
Article 3
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 SOL | 15% | 344,187,000,000 SOL |
> 75,000 SOL | 25% | 99,338,000,000 SOL | Total | 443,525,000,000 SOL |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |
yes | Total Seats: 125 | |
no | Total Seats: 0 | |
abstain | Total Seats: 0 |
Random fact: Real-life religions should not be referenced in Particracy. Terra has its own religions, many of which mirror real-life ones. See: http://particracy.wikia.com/wiki/Illustrated_Catalogue_of_Religion |
Random quote: "Even when laws have been written down, they ought not always to remain unaltered." - Aristotle |