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Bill: Income tax proposal of May 4369
Details
Submitted by[?]: Movimento Nacional 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: February 4370
Description[?]:
| The Movimento Nacional do Tukarali 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 |
| > 55,000 TUK | 9% | 75,243,000,000 TUK |
| > 70,000 TUK | 12% | 90,216,000,000 TUK |
| > 85,000 TUK | 15% | 98,259,000,000 TUK |
| > 100,000 TUK | 18% | 99,806,000,000 TUK |
| > 115,000 TUK | 21% | 95,475,000,000 TUK |
| > 130,000 TUK | 24% | 90,207,000,000 TUK |
| > 145,000 TUK | 27% | 95,039,000,000 TUK |
| > 160,000 TUK | 30% | 91,645,000,000 TUK |
| > 175,000 TUK | 33% | 83,168,000,000 TUK |
| > 190,000 TUK | 36% | 603,244,000,000 TUK | Total | 1,422,302,000,000 TUK |
Debate
These messages have been posted to debate on this bill:
| Date | 01:14:44, March 28, 2018 CET | From | Movimento Nacional do Tukarali | To | Debating the Income tax proposal of May 4369 |
| Message | “As suggested by the PNP, we propose that only income above $55k be taxed. This is consistent with our efforts to increase the quality of life of all citizens of Tukarali and especially the poor” -Beatriz dos Santos Silva, Minister of Finance |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 197 | ||||
| no | Total Seats: 38 | ||||
| abstain |
Total Seats: 20 |
| Random fact: It is forbidden to impersonate a player or Moderator. |
| Random quote: "While the State exists, there can be no freedom. When there is freedom there will be no State." - Vladimir Lenin |