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Bill: Income tax proposal of March 4214
Details
Submitted by[?]: Unitarist Party of Telamonia
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: November 4214
Description[?]:
The latopo Party propose to adjust the government's income tax policy to better address the economic situation of the Republic Of Telamonia. |
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 |
> 5,000 TPD | 5% | 4,223,000,000 TPD |
> 10,000 TPD | 10% | 2,202,000,000 TPD |
> 15,000 TPD | 15% | 1,199,000,000 TPD | Total | 7,624,000,000 TPD |
Debate
These messages have been posted to debate on this bill:
Date | 09:46:11, May 21, 2017 CET | From | Unitarist Party of Telamonia | To | Debating the Income tax proposal of March 4214 |
Message | The economy of country is suffering from many sectors having lack of funding. most of the people are paying a low amount of taxes which were needed according to the needs of past. but see around us. All the nations are having a good high tax rates than proposed in this bill, and they are yet very successful by taking this decision. so i think bill should be passed. |
Date | 18:23:04, May 21, 2017 CET | From | Républicains Libéraux | To | Debating the Income tax proposal of March 4214 |
Message | We are already running a massive surplus. We urge the parties of Telamonia to vote no on this needless increase in taxes, which is frankly just greed, stealing even more money from our chickens with no justification. |
Date | 00:02:18, May 22, 2017 CET | From | The Conservative Party | To | Debating the Income tax proposal of March 4214 |
Message | No such tax increase is needed, therefore I also urge the parties of Telamonia to vote no on this legislation. |
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Voting
Vote | Seats | |||
yes |
Total Seats: 353 | |||
no | Total Seats: 173 | |||
abstain |
Total Seats: 224 |
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