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Bill: Income tax proposal of April 2304
Details
Submitted by[?]: Conservative Party
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: December 2304
Description[?]:
The Conservative Party propose to adjust the government's income tax policy to better address the economic situation of the Reino da Lusitânia. "We've cancelled the tax reduction on luxury goods to 2% and instead of it we have eliminated the income tax on incomes equal or below 30,000 DAR/year. Thus we reduce the surplus to less than 1,000,000,000 DAR and at the same time we isent of income taxes those who have lower incomes." Henrique Viçosa, Minister of Finance |
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 |
> 30,000 DAR | 10% | 89,538,000,000 DAR | Total | 89,538,000,000 DAR |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | ||
yes |
Total Seats: 160 | ||
no | Total Seats: 0 | ||
abstain |
Total Seats: 140 |
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