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Bill: Income tax proposal of February 4132
Details
Submitted by[?]: Nouveau Centre
Status[?]: defeated
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: April 4133
Description[?]:
| Monsieur le President, This simplification of the tax code allows individuals to keep more of the money they earn, and will grow our economy by driving private sector growth. When the people have more money in their pockets, they can choose to save, thus increasing investment, or they can buy products, which will grow businesses, lead to more a greater demand for jobs, and more production. I yield. Sidonie Chevrier (Nouveau Centre) Minister of Finance Deputy for Tiralouse |
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 |
| > 2,500 RCR | 6% | 8,730,000,000 RCR |
| > 5,000 RCR | 7% | 8,380,000,000 RCR |
| > 7,500 RCR | 8% | 7,114,000,000 RCR |
| > 10,000 RCR | 10% | 11,781,000,000 RCR |
| > 15,000 RCR | 15% | 9,535,000,000 RCR |
| > 20,000 RCR | 20% | 7,746,000,000 RCR |
| > 25,000 RCR | 25% | 6,548,000,000 RCR |
| > 30,000 RCR | 30% | 2,033,000,000 RCR |
| > 35,000 RCR | 35% | 1,057,000,000 RCR |
| > 40,000 RCR | 40% | 40,000,000 RCR | Total | 62,964,000,000 RCR |
Debate
These messages have been posted to debate on this bill:
| Date | 17:30:44, December 09, 2016 CET | From | Travailleurs Radicaux | To | Debating the Income tax proposal of February 4132 |
| Message | This is cutting public spending and taxation for the rich. We hope our Left-Wing allies will also reject this. Rodolphe Robillard Deputy Speaker of TR |
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Voting
| Vote | Seats | |||||
| yes |
Total Seats: 17 | |||||
| no |
Total Seats: 73 | |||||
| abstain |
Total Seats: 10 |
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