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Bill: Income tax proposal of September 4410
Details
Submitted by[?]: União CNdT [IPFT]
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: May 4411
Description[?]:
The União Conservadora 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 | 1% | 8,355,000,000 TUK |
> 70,000 TUK | 6% | 45,075,000,000 TUK |
> 85,000 TUK | 8% | 52,366,000,000 TUK |
> 100,000 TUK | 10% | 55,401,000,000 TUK |
> 115,000 TUK | 15% | 68,132,000,000 TUK |
> 130,000 TUK | 25% | 93,872,000,000 TUK |
> 145,000 TUK | 50% | 175,807,000,000 TUK |
> 160,000 TUK | 75% | 228,865,000,000 TUK |
> 175,000 TUK | 90% | 226,558,000,000 TUK |
> 190,000 TUK | 90% | 1,505,941,000,000 TUK | Total | 2,460,372,000,000 TUK |
Debate
These messages have been posted to debate on this bill:
Date | 16:36:32, June 19, 2018 CET | From | União Democrática do Tukarali | To | Debating the Income tax proposal of September 4410 |
Message | "This tax 'system' is completely irrational and patently absurd. The damage it does to our economy demonstrates why the UCNdoT should be kept out of government at almost any price." Edu Alvares, leader of the UDT parliamentary party. |
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Voting
Vote | Seats | |||
yes |
Total Seats: 102 | |||
no | Total Seats: 0 | |||
abstain |
Total Seats: 73 |
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