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Bill: Income tax proposal of December 4217
Details
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: August 4218
Description[?]:
| The Konstitutsionno-Demokraticheskaya Partia propose to adjust the government's income tax policy to better address the economic situation of the Trigunskaya Imperiya (Trigunian Empire). |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 30
Current: 30
Proposed: 40
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 15
Current: 10
Proposed: 25
Article 3
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 |
| > 1,000 TRA | 5% | 4,291,000,000 TRA |
| > 2,500 TRA | 10% | 6,932,000,000 TRA |
| > 4,000 TRA | 15% | 6,960,000,000 TRA |
| > 5,500 TRA | 20% | 5,436,000,000 TRA |
| > 7,000 TRA | 25% | 4,915,000,000 TRA |
| > 8,500 TRA | 30% | 11,816,000,000 TRA | Total | 40,350,000,000 TRA |
Debate
These messages have been posted to debate on this bill:
| Date | 01:48:09, May 29, 2017 CET | From |  Imperatorskaya Partiya | To | Debating the Income tax proposal of December 4217 |
| Message | We agree that this is a necessary decision. Social services, and potentially defence will benefit greatly from this. |
| Date | 21:45:56, May 29, 2017 CET | From | Partiya Konservativnoy Reformy | To | Debating the Income tax proposal of December 4217 |
| Message | A higher tax on corporate profit will hold the economy back. |
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Voting
| Vote | Seats | ||
| yes |
Total Seats: 600 | ||
| no | Total Seats: 0 | ||
| abstain | Total Seats: 0 |
| Random fact: In cases where players have failed to clearly and accurately reference their nation's RP laws in the "Bills under debate" section, Moderation will rule them invalid if a challenge is made to their validity. |
| Random quote: "I reject the cynical view that politics is a dirty business." - Richard M. Nixon |