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Bill: Income tax proposal of October 4288
Details
Submitted by[?]: Partido Nacional
Status[?]: passed
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: June 4289
Description[?]:
| The Partido Nacional 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 |
| > 84,000 TUK | 20% | 566,553,000,000 TUK |
| > 180,000 TUK | 55% | 1,011,143,000,000 TUK | Total | 1,577,696,000,000 TUK |
Debate
These messages have been posted to debate on this bill:
| Date | 17:46:36, October 17, 2017 CET | From | Partido Nacional | To | Debating the Income tax proposal of October 4288 |
| Message | Abolishing the lower rate of income tax, a 2% tax cut for the middle rate (although middle rate dropped from 90k to 84k to reflect average wage) and a 5% tax cut for the higher rate. |
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Voting
| Vote | Seats | ||
| yes |
Total Seats: 70 | ||
| no | Total Seats: 0 | ||
| abstain | Total Seats: 55 |
| Random fact: Discuss flag designs at the Flag Designs thread: http://forum.particracy.net/viewtopic.php?f=5&t=37 |
| Random quote: "We here thank those in Deltaria who put [Zardic spy Mona Rivet] to justice in the most humane way possible. With bullets." - Sergio Rodriguez, former Egelian journalist |