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Bill: Income tax proposal of July 4228
Details
Submitted by[?]: Partido Social Democrata
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: March 4229
Description[?]:
The Partido Social Democrata propose to adjust the government's income tax policy to better address the economic situation of the República Democrática do Tukarali. |
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 |
> 62,500 TUK | 5% | 27,452,000,000 TUK |
> 72,500 TUK | 7% | 35,190,000,000 TUK |
> 82,500 TUK | 10% | 44,918,000,000 TUK |
> 92,500 TUK | 15% | 62,963,000,000 TUK |
> 102,500 TUK | 18% | 66,719,000,000 TUK |
> 112,500 TUK | 21% | 67,871,000,000 TUK |
> 122,500 TUK | 24% | 68,206,000,000 TUK |
> 132,500 TUK | 27% | 66,879,000,000 TUK |
> 142,500 TUK | 30% | 71,285,000,000 TUK |
> 152,500 TUK | 33% | 75,775,000,000 TUK |
> 162,500 TUK | 36% | 73,541,000,000 TUK |
> 172,500 TUK | 39% | 69,568,000,000 TUK |
> 182,500 TUK | 42% | 65,797,000,000 TUK |
> 192,500 TUK | 45% | 62,536,000,000 TUK |
> 202,500 TUK | 48% | 64,321,000,000 TUK |
> 212,500 TUK | 51% | 64,643,000,000 TUK |
> 222,500 TUK | 54% | 56,277,000,000 TUK |
> 232,500 TUK | 57% | 48,339,000,000 TUK |
> 242,500 TUK | 60% | 233,539,000,000 TUK |
> 300,000 TUK | 65% | 429,961,000,000 TUK | Total | 1,755,780,000,000 TUK |
Debate
These messages have been posted to debate on this bill:
Date | 09:17:00, June 19, 2017 CET | From | União Democrática do Tukarali | To | Debating the Income tax proposal of July 4228 |
Message | "We object to the irregular increases between tax bands (a 3% increase between most tax bands, but 5% between the 3rd and 4th lowest and at the top end) and hope that the other parties will also reject this unfair tax proposal." Guilherme Gomes, UDT spokesperson for Finance |
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Voting
Vote | Seats | ||
yes | Total Seats: 71 | ||
no | Total Seats: 52 | ||
abstain | Total Seats: 24 |
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