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Bill: Income tax proposal of July 2617
Details
Submitted by[?]: Judicial Union Party
Status[?]: defeated
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: October 2618
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 | 20% | 164,486,000,000 TUK |
> 75,000 TUK | 30% | 211,963,000,000 TUK |
> 90,000 TUK | 35% | 284,861,000,000 TUK |
> 110,000 TUK | 42% | 1,504,536,000,000 TUK |
Total | 2,165,846,000,000 TUK |
Debate
These messages have been posted to debate on this bill:
Date | 23:19:49, August 06, 2008 CET |
From | Judicial Union Party | To | Debating the Income tax proposal of July 2617 | Message | Very soon we're going to have a massive surplus. We must return this money to the people. For some reason, parties here didn't appreciate the taxation scheme proposed, so we propose another - an across the board reduction of 3%. |
Date | 01:07:17, August 08, 2008 CET |
From | Judicial Union Party | To | Debating the Income tax proposal of July 2617 | Message | The confusing part is where you allow exemptions, and have capital/revenue issues. Income tax can be kept quite simple if the legislature refrain from giving tax benefits. |
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Vote |
Seats |
yes | Total Seats: 194 |
no | Total Seats: 99 |
abstain | Total Seats: 207 |
Random fact: Jelbic = "Group of cultures with an overall Central Asian/Eurasian steppe theme, using a fictional language developed specifically for Particracy". |
Random quote: "Those who say religion has nothing to do with politics do not know what religion is." - Mahatma Gandhi |