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Bill: Democratic Taxation: Giving you the power of choice
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: February 2567
Description[?]:
A flat tax on earnings above 2000TRA (Trigunian Rabols) We can afford to do this without any reduction in government spending. Remember that this is federal taxation - if local governments want to tax to pay for their own social programmes they can - that is not our business. As you can see our current surplus is 41,592,266,828 TRA and i'm cutting spending by about 43,000,000,000 TRA. These drastic reductions will increase our revenues from sales tax enough to negate this apparent deficit. |
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 |
> 2,000 TRA | 18% | 41,553,000,000 TRA | Total | 41,553,000,000 TRA |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | ||||
yes |
Total Seats: 506 | ||||
no | Total Seats: 0 | ||||
abstain | Total Seats: 49 |
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