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Bill: Income tax proposal of July 5268
Details
Submitted by[?]: Yingdala Kuomintang
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: March 5269
Description[?]:
| The Yingdala Kuomintang propose to adjust the government's income tax policy to better address the economic situation of the Yingdala Zhou (Yingdala). |
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 |
| > 1,000 INS | 14% | 73,948,000,000 INS |
| > 10,000 INS | 15% | 88,034,000,000 INS |
| > 20,000 INS | 16% | 46,951,000,000 INS |
| > 25,000 INS | 30% | 437,483,000,000 INS |
| > 50,000 INS | 34% | 252,180,000,000 INS |
| > 65,000 INS | 40% | 162,148,000,000 INS |
| > 75,000 INS | 55% | 421,736,000,000 INS |
| > 100,000 INS | 75% | 606,885,000,000 INS |
| > 150,000 INS | 75% | 465,723,000,000 INS | Total | 2,555,088,000,000 INS |
Debate
These messages have been posted to debate on this bill:
| Date | 18:07:34, March 09, 2023 CET | From | Yingdala Kuomintang | To | Debating the Income tax proposal of July 5268 |
| Message | This is a bill to restore even more money to the hands of Yingdalans, this time 32 billion shapirs. We call on the NCP to pass this immediately. |
| Date | 18:27:51, March 09, 2023 CET | From | National Conservative Party | To | Debating the Income tax proposal of July 5268 |
| Message | We support this bill completely |
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Voting
| Vote | Seats | ||
| yes |
Total Seats: 750 | ||
| no | Total Seats: 0 | ||
| abstain | Total Seats: 0 |
| Random fact: The players in a nation have a collective responsibility to prevent confusion by ensuring unofficial or outdated bills labelled as "Cultural Protocols" are removed from their nation page. |
| Random quote: "I've noticed that everybody that is for abortion has already been born." - Ronald Reagan, quoted in New York Times, 22 September 1980 |