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Bill: Income tax proposal of March 2348
Details
Submitted by[?]: Progressive 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: April 2349
Description[?]:
The Orange Revolution Party propose to adjust the government's income tax policy to better address the economic situation of the Union of Sekowo. |
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 SEK | 5% | 569,000,000 SEK |
> 500 SEK | 10% | 1,141,000,000 SEK |
> 1,000 SEK | 15% | 3,423,000,000 SEK |
> 2,000 SEK | 20% | 13,691,000,000 SEK |
> 5,000 SEK | 25% | 28,524,000,000 SEK |
> 10,000 SEK | 35% | 55,036,000,000 SEK |
> 20,000 SEK | 55% | 54,437,000,000 SEK |
> 30,000 SEK | 60% | 87,137,000,000 SEK | Total | 243,958,000,000 SEK |
Debate
These messages have been posted to debate on this bill:
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Vote | Seats | |||
yes | Total Seats: 140 | |||
no | Total Seats: 0 | |||
abstain | Total Seats: 110 |
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