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Bill: Income tax proposal of October 4310 - Universal Tax Relief
Details
Submitted by[?]: União Democrática do Tukarali
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 4311
Description[?]:
| The União Democrática Tukarêse 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 |
| > 30,000 TUK | 12% | 101,445,000,000 TUK |
| > 45,000 TUK | 15% | 126,806,000,000 TUK |
| > 60,000 TUK | 18% | 148,232,000,000 TUK |
| > 75,000 TUK | 21% | 148,569,000,000 TUK |
| > 90,000 TUK | 24% | 150,799,000,000 TUK |
| > 105,000 TUK | 27% | 140,935,000,000 TUK |
| > 120,000 TUK | 30% | 126,933,000,000 TUK |
| > 135,000 TUK | 33% | 119,566,000,000 TUK |
| > 150,000 TUK | 36% | 123,718,000,000 TUK |
| > 165,000 TUK | 39% | 111,242,000,000 TUK |
| > 180,000 TUK | 42% | 98,703,000,000 TUK |
| > 195,000 TUK | 45% | 91,958,000,000 TUK |
| > 210,000 TUK | 48% | 90,431,000,000 TUK |
| > 225,000 TUK | 51% | 617,299,000,000 TUK | Total | 2,196,636,000,000 TUK |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes | Total Seats: 72 | |
| no | Total Seats: 0 | |
| abstain |
Total Seats: 53 |
| Random fact: The players in a nation have a collective responsibility to ensure their "Bills under debate" section is kept in good order. Bills which are irrelevant or have become irrelevant should be deleted. Deletion can be requested for bills proposed by inactive parties on the Bill Clearout Requests thread: http://forum.particracy.net/viewtopic.php?f=11&t=4363 |
| Random quote: "I got nothing against no Viet Cong. No Vietnamese ever called me a nigger." - Muhammad Ali, 1967, refusing to fight in Vietnam |