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Bill: Income tax proposal of December 2439
Details
Submitted by[?]: People's 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: August 2440
Description[?]:
| This proposal lowers the income tax for nearly every Tukaralian resident except for the very richest and very poorest, and it also keeps the annual profits in the green. |
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 |
| > 10,000 TUK | 1% | 14,090,000,000 TUK |
| > 35,000 TUK | 10% | 84,539,000,000 TUK |
| > 50,000 TUK | 20% | 223,701,000,000 TUK |
| > 70,000 TUK | 24% | 337,913,000,000 TUK |
| > 100,000 TUK | 28% | 421,204,000,000 TUK |
| > 150,000 TUK | 30% | 280,107,000,000 TUK |
| > 200,000 TUK | 32% | 491,237,000,000 TUK | Total | 1,852,791,000,000 TUK |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||||||
| yes |
Total Seats: 258 | ||||||
| no | Total Seats: 0 | ||||||
| abstain |
Total Seats: 237 |
| Random fact: "Jezvraljogadsrlji" means "Social" in the Jelbic languages. |
| Random quote: "The trouble with communism is the communists, just as the trouble with Christianity is the Christians" - Henry Louis Mencken |