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Bill: Income tax proposal of September 2612
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: January 2614
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 |
| > 60,000 TUK | 23% | 189,187,000,000 TUK |
| > 75,000 TUK | 33% | 233,229,000,000 TUK |
| > 90,000 TUK | 38% | 309,405,000,000 TUK |
| > 110,000 TUK | 45% | 786,914,000,000 TUK |
| > 180,000 TUK | 50% | 919,468,000,000 TUK |
Total | 2,438,203,000,000 TUK |
Debate
These messages have been posted to debate on this bill:
| Date | 05:37:52, July 28, 2008 CET |
From | Judicial Union Party | To | Debating the Income tax proposal of September 2612 | | Message | We propose to increase income tax rates, in order to allow us to increase spending on defence, and other essential ministries. The world is going through a difficult time. We have Aldegar to the south preparing for international war, and Baltusia and Valruzia may very well be doing the same. We can no longer sit idly by. We must be read to defend ourselves.
Thus these measures are only temporary, until the global climate cools (metaphorically, not in terms of global climate change). But for now, we must take action. |
| Date | 05:48:55, July 28, 2008 CET |
From | Judicial Union Party | To | Debating the Income tax proposal of September 2612 | | Message | In addition, our economy has been undergoing somewhat of a slowdown recently, which has been up to now unaddressed. It is not constructive to blame any particular recent Minister of Finance for the past two terms, so we will not do so.
Economic slowdown calls for an injection of government funds. This increase in tax, if put back into the economy as government spending, will restart our economy. We can go back to being very rich again, instead of just quite wealthy. |
| Date | 13:26:59, July 28, 2008 CET |
From | Liberty Party | To | Debating the Income tax proposal of September 2612 | | Message | Why should business owners who invest their profits to better their lives (which they can and should do) be punished for being successful by paying 50% taxes? No. |
| Date | 12:12:59, July 29, 2008 CET |
From | Judicial Union Party | To | Debating the Income tax proposal of September 2612 | | Message | "Why should business owners who invest their profits to better their lives (which they can and should do) be punished for being successful by paying 50% taxes?" and "why should successful businesses who are sole proprietorships pay high taxes?"
Those are coming quite close to trying to argue against a progressive tax. |
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| Vote |
Seats |
| yes | Total Seats: 267 |
| no | Total Seats: 114 |
| abstain | Total Seats: 119 |
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