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Bill: Potential Taxing Plan - Travailleurs Radicaux
Details
Submitted by[?]: Travailleurs Radicaux
Status[?]: defeated
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: February 4123
Description[?]:
We would like to lower Essential Tax more however this may be a slow process as taking it straight to 0 will lead to massive government cuts. Our income tax scheme will enable low earners to save more and higher earners to contribute more to the government. We have sent to this vote to encourage a wide debate and don't expect this bill to pass in whole, however this is a possible draft from TR. |
Proposals
Article 1
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 25
Current: 21
Proposed: 20
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 |
> 5,000 RCR | 20% | 41,766,000,000 RCR |
> 10,000 RCR | 30% | 54,473,000,000 RCR |
> 20,000 RCR | 40% | 25,999,000,000 RCR |
> 30,000 RCR | 50% | 4,950,000,000 RCR | Total | 127,188,000,000 RCR |
Debate
These messages have been posted to debate on this bill:
Date | 21:48:38, November 18, 2016 CET | From | Parti Libéral | To | Debating the Potential Taxing Plan - Travailleurs Radicaux |
Message | We cannot agree to Article 2. It is far too steep, and unfair to the poor. 5,000 crowns is not a lot. Dany Leclère Leader of le Parti Libéral Minister for Justice Member of the National Assembly |
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Voting
Vote | Seats | |||||||
yes | Total Seats: 0 | |||||||
no |
Total Seats: 68 | |||||||
abstain |
Total Seats: 7 |
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