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Bill: Monetarism
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 not pass any sooner than the deadline.
Voting deadline: May 2590
Description[?]:
This will doubtless be reduced in future, we are just testing it out to see how much a surplus we have, then we will reduce the taxation accordingly. |
Proposals
Article 1
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 0
Current: 5
Proposed: 20
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 5
Current: 10
Proposed: 30
Article 3
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 |
> 90,000,000,000 TRA | 1% | 0 TRA | Total | 0 TRA |
Debate
These messages have been posted to debate on this bill:
Date | 09:44:17, June 11, 2008 CET | From | Obshestvo Stroiteley Terri | To | Debating the Monetarism |
Message | We definitely agree on Article 2, we tend to disagree with Article 1 and could you please explain about Article 3, does it mean that we are taking away the income tax? |
Date | 11:19:28, June 11, 2008 CET | From | TSDRP | To | Debating the Monetarism |
Message | Yeah that is right. No more income tax! |
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Voting
Vote | Seats | |||||
yes |
Total Seats: 555 | |||||
no | Total Seats: 0 | |||||
abstain |
Total Seats: 0 |
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