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Bill: Income tax proposal of July 4102
Details
Submitted by[?]: Brethrenist Party of Telamon (BPT)
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: March 4103
Description[?]:
The Brethrenist Party of Telamon (BPT) propose to adjust the government's income tax policy to better address the economic situation of the Förbundsrepubliken Telamon. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 40
Current: 45
Proposed: 50
Article 2
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 | 1% | 282,000,000 TPD |
> 500 TPD | 7% | 1,979,000,000 TPD |
> 1,000 TPD | 12% | 10,179,000,000 TPD |
> 2,500 TPD | 17% | 19,648,000,000 TPD |
> 5,000 TPD | 21% | 11,354,000,000 TPD |
> 7,500 TPD | 26% | 7,864,000,000 TPD |
> 10,000 TPD | 33% | 5,337,000,000 TPD |
> 12,500 TPD | 38% | 2,203,000,000 TPD |
> 15,000 TPD | 45% | 1,927,000,000 TPD |
> 17,500 TPD | 51% | 437,000,000 TPD |
> 18,000 TPD | 55% | 1,557,000,000 TPD | Total | 62,767,000,000 TPD |
Debate
These messages have been posted to debate on this bill:
Date | 22:17:05, October 09, 2016 CET | From | Brethrenist Party of Telamon (BPT) | To | Debating the Income tax proposal of July 4102 |
Message | This represents a progressive tax structure. |
Date | 22:18:45, October 09, 2016 CET | From | Brethrenist Party of Telamon (BPT) | To | Debating the Income tax proposal of July 4102 |
Message | We will also propose a dramatic reduction in corporate taxes. |
Date | 22:20:09, October 09, 2016 CET | From | Brethrenist Party of Telamon (BPT) | To | Debating the Income tax proposal of July 4102 |
Message | We will vote yes on this bill but propose an alteration of the corporate tax in the next bill |
Date | 11:32:19, October 10, 2016 CET | From | Liberal Social Democratic Party | To | Debating the Income tax proposal of July 4102 |
Message | These changes are not progressive enough. |
Date | 21:27:17, October 10, 2016 CET | From | Brethrenist Party of Telamon (BPT) | To | Debating the Income tax proposal of July 4102 |
Message | I would like to show you the graph of the tax structure I have proposed: http://i24.photobucket.com/albums/c22/doceopterix/Taxes.png |
Date | 21:27:32, October 10, 2016 CET | From | Brethrenist Party of Telamon (BPT) | To | Debating the Income tax proposal of July 4102 |
Message | Now tell me this is not progressive. |
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Voting
Vote | Seats | ||
yes | Total Seats: 300 | ||
no | Total Seats: 0 | ||
abstain | Total Seats: 0 |
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