# Tax Bill amendment

Madam Speaker, I move that section 6 be replaced with the following:

> ### 6. Schedule 1 amended (Basic income tax rates)
> In Schedule 1, Table 1 is replaced with the following:
> | Row | Range of dollar in taxable income | Tax rate |
> | -------- | -------- | -------- |
> | 1 | $0 - $14,000 | 0 |
> | 2 | $14,0001 - $48,000 | 0.22 |
> | 3 | $48,001 - $70,000 | 0.32 |
> | 4 | $70,001 - $140,000 | 0.44 |
> | 5 | $140,001 upwards | 0.50 |