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Bill: Income tax proposal of June 2466
Details
Submitted by[?]: Judicial Union 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: May 2467
Description[?]:
| The Judicial Union Party propose to adjust the government's income tax policy to better address the economic situation of the United Tribes of Tukarali. |
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 |
| > 30,000 TUK | 5% | 56,316,000,000 TUK |
| > 50,000 TUK | 20% | 418,620,000,000 TUK |
| > 90,000 TUK | 25% | 423,959,000,000 TUK |
| > 140,000 TUK | 33% | 893,037,000,000 TUK | Total | 1,791,932,000,000 TUK |
Debate
These messages have been posted to debate on this bill:
| Date | 13:50:14, October 06, 2007 CET | From | Judicial Union Party | To | Debating the Income tax proposal of June 2466 |
| Message | The current taxation scheme we have is far too complex, with the average earner dealing with four tax brackets. We propose to simplify this. Further, we have increased the limit for untaxed income, so that a smaller tax burden is placed on those citizens who have little disposable income. On the whole, this is a more equitable scheme. |
| Date | 14:18:47, October 06, 2007 CET | From | Red Hammer Council | To | Debating the Income tax proposal of June 2466 |
| Message | Our party wants to add several brackets and increase the tax burden on the highest brackets. But we will support this proposal. |
| Date | 15:24:49, October 06, 2007 CET | From | Libertarian Party of Tukarali | To | Debating the Income tax proposal of June 2466 |
| Message | This is fairer than the current system. We support. We would like to see the income tax thrown away eventually or perhaps we could compromise and get a tax system where everyone pays the same percentage. |
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Voting
| Vote | Seats | |||||
| yes |
Total Seats: 267 | |||||
| no | Total Seats: 64 | |||||
| abstain |
Total Seats: 168 |
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| Random quote: "Politics is not a bad profession. If you succeed there are many rewards, if you disgrace yourself, you can always write a book." - Ronald Reagan |