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Bill: Income tax proposal of March 2421
Details
Status[?]: passed
Votes: This bill proposes to change income taxes. It requires more than half of the legislature to vote yes. This bill will not pass any sooner than the deadline.
Voting deadline: November 2421
Description[?]:
| Abolition of the lowest rate and increase in sales tax to pay for it |
Proposals
Article 1
Proposal[?] to change Sales tax on luxury goods.
Old value:: 8
Current: 10
Proposed: 10
Article 2
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 |
| > 1,000 TRA | 10% | 15,531,000,000 TRA |
| > 4,000 TRA | 20% | 16,143,000,000 TRA |
| > 7,500 TRA | 40% | 18,053,000,000 TRA |
| > 14,000 TRA | 55% | 3,806,000,000 TRA | Total | 53,533,000,000 TRA |
Debate
These messages have been posted to debate on this bill:
| Date | 02:12:16, June 30, 2007 CET | From |  Trigunian Libertarian Party | To | Debating the Income tax proposal of March 2421 |
| Message | A 40% + tax rate on those in the upper class? Are you insane? |
| Date | 15:34:29, June 30, 2007 CET | From |  TSDRP | To | Debating the Income tax proposal of March 2421 |
| Message | It was already there.... |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 366 | ||||
| no | Total Seats: 189 | ||||
| abstain | Total Seats: 0 |
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