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Bill: Income tax proposal of May 3436
Details
Submitted by[?]: Conservative Democratic 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 not pass any sooner than the deadline.
Voting deadline: January 3437
Description[?]:
| The Conservative Democratic Party propose to adjust the government's income tax policy to better address the economic situation of the Trigunskaja Demokraticheskaja Respublika (Trigunia). |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 15
Current: 30
Proposed: 12
Article 2
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 5
Current: 5
Proposed: 2
Article 3
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 |
| > 750 TRA | 1% | 430,000,000 TRA |
| > 1,500 TRA | 3% | 2,515,000,000 TRA |
| > 3,000 TRA | 5% | 3,797,000,000 TRA |
| > 5,000 TRA | 7% | 2,837,000,000 TRA |
| > 7,000 TRA | 9% | 2,278,000,000 TRA |
| > 9,000 TRA | 11% | 1,755,000,000 TRA |
| > 11,000 TRA | 13% | 1,039,000,000 TRA |
| > 13,000 TRA | 15% | 783,000,000 TRA |
| > 15,000 TRA | 17% | 788,000,000 TRA | Total | 16,222,000,000 TRA |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||
| yes | Total Seats: 262 | ||
| no | Total Seats: 0 | ||
| abstain |
Total Seats: 238 |
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