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Bill: Income tax proposal of May 2554
Details
Submitted by[?]: Rightful Radical 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: January 2555
Description[?]:
| The Rightful Radical Party propose to adjust the government's income tax policy to better address the economic situation of the Republic of Telamon. |
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 TPD | 12% | 44,643,000,000 TPD | Total | 44,643,000,000 TPD |
Debate
These messages have been posted to debate on this bill:
| Date | 20:51:07, March 31, 2008 CET | From | Democratic Capitalist Delegation | To | Debating the Income tax proposal of May 2554 |
| Message | We feel that the budget reductions were a sufficient measure to balance our financial situation. We see no need to increase taxes on the population. James Lott Chairman Democratic Capitalist Delegation |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 141 | ||||
| no | Total Seats: 0 | ||||
| abstain |
Total Seats: 109 |
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