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Bill: Income tax proposal of November 4399
Details
Submitted by[?]: Partido Socialista do Povo
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: July 4400
Description[?]:
| The Partido Socialista do Povo 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 | 5% | 41,811,000,000 TUK |
| > 70,000 TUK | 10% | 75,192,000,000 TUK |
| > 85,000 TUK | 12% | 145,158,000,000 TUK |
| > 115,000 TUK | 20% | 189,731,000,000 TUK |
| > 150,000 TUK | 35% | 219,981,000,000 TUK |
| > 180,000 TUK | 38% | 321,875,000,000 TUK |
| > 250,000 TUK | 42% | 415,779,000,000 TUK | Total | 1,409,527,000,000 TUK |
Debate
These messages have been posted to debate on this bill:
| Date | 01:14:53, May 28, 2018 CET | From | Partido Socialista do Povo | To | Debating the Income tax proposal of November 4399 |
| Message | This bill reduces the tax burden on most people of Tukarali while guaranteeing we keep our budget surplus. All those earning less than 150,000 TUK will have less taxes to pay. It also reduces the tax brackets from 10 to 7. |
| Date | 17:41:48, May 28, 2018 CET | From | Partido Monárquico | To | Debating the Income tax proposal of November 4399 |
| Message | This proposal will make us run in deficit. |
| Date | 17:42:31, May 28, 2018 CET | From | Partido Monárquico | To | Debating the Income tax proposal of November 4399 |
| Message | Never mind :) |
| Date | 23:37:56, May 28, 2018 CET | From | Partido Socialista do Povo | To | Debating the Income tax proposal of November 4399 |
| Message | We ask the two parties that have voted against this bill, União Conservadora Nacional do Tukarali and União Democrática Tukarese, to reconsider their votes. Most will see their taxes cut, all this while ensuring we keep a budget surplus. Yes, this bill also increases taxes on the rich but just a small minority. In order to achieve a more equal and a fairer society, we need progressive taxation that helps reduce the ridiculous inequalities that have been affecting all the world, whether between people or between countries. It was Bill Gates that said that "the government should require the people in my position to pay significantly higher taxes", so why do we keep insisting on the idea that the rich can't see their taxes risen? It has been proved time after time that cutting their taxes hasn't contributed any good to the countries affected while cutting taxes to those with less money maximizes their purchase power. This bill will be a driver of our economy by increasing purchase power and reducing the tax burden on many, significantly improving their lives. We have a moral duty to those that suffer to pass by. Approving this law is part of that moral duty. Sofia Henriques, Spokeswoman of Partido Socialista do Povo |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 104 | |||
| no | Total Seats: 132 | |||
| abstain | Total Seats: 19 |
| Random fact: Submitting a bill without any proposals in it will not attract or detract voters. It will not raise your visibility or change your political position. |
| Random quote: "The truth is that men are tired of liberty." - Benito Mussolini |