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Bill: Income tax proposal of November 3254
Details
Submitted by[?]: United Liberal Alliance
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: July 3255
Description[?]:
| The United Liberal Alliance propose to adjust the government's income tax policy to better address the economic situation of the Democratic People's 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 |
| > 1,000 TPD | 1% | 2,006,000,000 TPD |
| > 5,000 TPD | 5% | 4,222,000,000 TPD |
| > 10,000 TPD | 10% | 1,397,000,000 TPD |
| > 12,000 TPD | 20% | 1,610,000,000 TPD |
| > 15,000 TPD | 25% | 1,998,000,000 TPD |
| > 25,000 TPD | 30% | 0 TPD | Total | 11,233,000,000 TPD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||
| yes |
Total Seats: 550 | ||
| no | Total Seats: 0 | ||
| abstain | Total Seats: 200 |
| Random fact: Jelbic = "Group of cultures with an overall Central Asian/Eurasian steppe theme, using a fictional language developed specifically for Particracy". |
| Random quote: "He comes out of hibernation once every three years and says something stupid. No wonder the UR fell apart." - Tirza Sommer, Pragmatic Party Leader, on the Dorvish President, Leonhard Khan. |