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Bill: Income tax proposal of August 2386
Details
Status[?]: defeated
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 2387
Description[?]:
The Intellectual Conservative Movement propose to adjust the government's income tax policy to better address the economic situation of the Republic of Trigunia. |
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 |
> 500 TRA | 5% | 1,433,000,000 TRA |
> 1,000 TRA | 10% | 18,855,000,000 TRA |
> 5,000 TRA | 25% | 18,791,000,000 TRA |
> 10,000 TRA | 50% | 12,263,000,000 TRA | Total | 51,342,000,000 TRA |
Debate
These messages have been posted to debate on this bill:
Date | 10:05:51, April 10, 2007 CET | From | Radical Party | To | Debating the Income tax proposal of August 2386 |
Message | Is this an increase or a decrease in taxation? |
Date | 14:12:10, April 10, 2007 CET | From | h... | To | Debating the Income tax proposal of August 2386 |
Message | Its a way that funds the richer more. Its a way of getting our budget covered and a small cash-in for extra expenses |
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Voting
Vote | Seats | |||
yes |
Total Seats: 28 | |||
no |
Total Seats: 396 | |||
abstain |
Total Seats: 131 |
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