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Bill: Income tax proposal of July 5388
Details
Submitted by[?]: Partido Lariano Nacional
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 5389
Description[?]:
| The Partido Lariano Nacional propose to adjust the government's income tax policy to better address the economic situation of the República de Egelion (Egelion). |
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 |
| > 10,000 EGP | 2% | 3,057,000,000 EGP |
| > 15,000 EGP | 7% | 6,253,000,000 EGP |
| > 20,000 EGP | 10% | 13,283,000,000 EGP | Total | 22,593,000,000 EGP |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes |
Total Seats: 500 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
| Random fact: Players who deliberately attempt to present a misleading picture of the nation's current RP laws will be subject to sanction. |
| Random quote: "The superior man, when resting in safety, does not forget that danger may come. When in a state of security he does not forget the possibility of ruin. When all is orderly, he does not forget that disorder may come. Thus his person is not endangered, and his States and all their clans are preserved." - Confucius |