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Bill: IPS - Income tax proposal of April 2261
Details
Submitted by[?]: Imperial Party of Selucian
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: May 2262
Description[?]:
| The Imperial Party of Selucian propose to adjust the government's income tax policy to better address the economic situation of the Selucian Empire. > 3,500 SEN ----> decreased 1% > 7,000 SEN ----> decreased 1% |
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 |
| > 3,500 SEN | 7% | 11,504,000,000 SEN |
| > 7,000 SEN | 15% | 21,716,000,000 SEN |
| > 14,000 SEN | 24% | 24,858,000,000 SEN | Total | 58,078,000,000 SEN |
Debate
These messages have been posted to debate on this bill:
| Date | 17:59:13, July 28, 2006 CET | From | VBS Party | To | Debating the IPS - Income tax proposal of April 2261 |
| Message | Agreed But how are you gonna finance our budget with all our surplus going to this tax cut? |
| Date | 18:24:42, July 28, 2006 CET | From | VBS Party | To | Debating the IPS - Income tax proposal of April 2261 |
| Message | EDIT: didn't notice the previous one passed Whatever you do with this, as soon as possible we will bring our budget back to the one before that |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 364 | ||||
| no | Total Seats: 0 | ||||
| abstain |
Total Seats: 241 |
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