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Bill: Income tax proposal of September 3268
Details
Submitted by[?]: Catholic Political Union
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: November 3269
Description[?]:
Telamon needs a more progressive taxation system in order to fund vital investment in health, education and infrastructure. |
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 |
> 4,000 TPD | 30% | 20,162,000,000 TPD |
> 6,000 TPD | 40% | 13,395,000,000 TPD |
> 8,000 TPD | 50% | 26,473,000,000 TPD | Total | 60,030,000,000 TPD |
Debate
These messages have been posted to debate on this bill:
Date | 16:51:12, March 06, 2012 CET | From | Communist Party of Telamon | To | Debating the Income tax proposal of September 3268 |
Message | We believe there should be a 0% scale for the lowest incomes but agree anyway. |
Date | 18:06:55, March 06, 2012 CET | From | Catholic Political Union | To | Debating the Income tax proposal of September 3268 |
Message | Mr. Speaker, We assure the CPT that under this proposal, no income tax will be paid on income earned below 4000 TPD. |
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Voting
Vote | Seats | |||
yes | Total Seats: 331 | |||
no | Total Seats: 170 | |||
abstain |
Total Seats: 99 |
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