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Bill: Income tax proposal of October 3889
Details
Submitted by[?]: Republikanerna (R)
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 3890
Description[?]:
The Nationella gruppen propose to adjust the government's income tax policy to better address the economic situation of the Republic of Telamon. The Modernization of the Armed Forces of Telamon requires more money, we propose that the income above 6000 pounds to be taxed 25 % to reach the aim to have a Defense Budget of 30 billion pounds. |
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 TPD | 14% | 15,855,000,000 TPD |
> 2,000 TPD | 18% | 10,126,000,000 TPD |
> 3,000 TPD | 22% | 25,494,000,000 TPD |
> 6,000 TPD | 25% | 21,589,000,000 TPD | Total | 73,064,000,000 TPD |
Debate
These messages have been posted to debate on this bill:
Date | 09:41:50, August 11, 2015 CET | From | Communist Party | To | Debating the Income tax proposal of October 3889 |
Message | This is really bad for our economy! |
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Voting
Vote | Seats | ||
yes | Total Seats: 262 | ||
no |
Total Seats: 31 | ||
abstain | Total Seats: 207 |
Random fact: Hundreds of vessels were lost while traversing the cold waters of the Sea of Lost Souls. It is located between Seleya and Majatra. |
Random quote: "It is dangerous to be right when the government is wrong." - Voltaire |