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Bill: Income tax proposal of October 2829
Details
Submitted by[?]: Charter 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: June 2830
Description[?]:
The Charter 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 |
> 2,000 TPD | 6% | 6,291,000,000 TPD |
> 4,000 TPD | 10% | 11,323,000,000 TPD |
> 9,000 TPD | 14% | 4,524,000,000 TPD |
> 15,000 TPD | 20% | 1,592,000,000 TPD |
> 300,000,000 TPD | 40% | 0 TPD | Total | 23,730,000,000 TPD |
Debate
These messages have been posted to debate on this bill:
Date | 00:48:23, October 09, 2009 CET | From | Charter Party | To | Debating the Income tax proposal of October 2829 |
Message | "President Wellington asked for a bill to get rid of our Surplus, and after some discussion with other aides, some of which from the DCD, I have come up with this in which we, The Charter Party, give full credit to the DCD for its success or failure." |
Date | 00:51:37, October 09, 2009 CET | From | Charter Party | To | Debating the Income tax proposal of October 2829 |
Message | "President Wellington asked for a bill to get rid of our Surplus, and after some discussion with other aides, some of which from the DCD, I have come up with this in which we, The Charter Party, give full credit to the DCD for its success or failure." - Minister John W. Kasich Minister of Finance (Charter Party) |
Date | 03:39:59, October 09, 2009 CET | From | Democratic Capitalist Delegation | To | Debating the Income tax proposal of October 2829 |
Message | The DCD supports this tax proposal which cuts excess from our surplus and provides tax relief to Telamon's poorest citizens. Michael Garrish Chairman Democratic Capitalist Delegation |
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Voting
Vote | Seats | ||
yes | Total Seats: 215 | ||
no | Total Seats: 0 | ||
abstain | Total Seats: 137 |
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