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Bill: Income tax proposal of July 2422
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 pass as soon as the required yes votes are in, or will be defeated if unsufficient votes are reached on the deadline.
Voting deadline: March 2423
Description[?]:
The Trigunian Unionist Party propose to adjust the government's income tax policy to better address the economic situation of the Republic of Trigunia. The previous tax rates were far too high. The final rate now serves to discourage corporations from paying their employees extortionate amounts of money. This will also increase the money we gain from sales tax, as people will have more to spend. |
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 |
> 1,000 TRA | 10% | 15,528,000,000 TRA |
> 4,000 TRA | 20% | 25,159,000,000 TRA |
> 14,000 TRA | 50% | 3,462,000,000 TRA | Total | 44,149,000,000 TRA |
Debate
These messages have been posted to debate on this bill:
Date | 19:13:46, July 02, 2007 CET | From | Partiya Natsional'noy Gordyy | To | Debating the Income tax proposal of July 2422 |
Message | The RDU fraction applauds. A tax relief will stimulate the economy. |
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Voting
Vote | Seats | ||||
yes |
Total Seats: 336 | ||||
no | Total Seats: 112 | ||||
abstain |
Total Seats: 107 |
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