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Bill: Income tax proposal of September 4412
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 not pass any sooner than the deadline.
Voting deadline: May 4413
Description[?]:
The União Democrática Tukarese (DAT) propose to adjust the government's income tax policy to better address the economic situation of the República Democrática do Tukarali. |
Proposals
Article 1
Proposal[?] to change Sales tax on luxury goods.
Old value:: 12
Current: 30
Proposed: 36
Article 2
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 9
Current: 12
Proposed: 18
Article 3
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 |
> 50,000 TUK | 3% | 25,267,000,000 TUK |
> 65,000 TUK | 6% | 47,534,000,000 TUK |
> 80,000 TUK | 9% | 60,907,000,000 TUK |
> 95,000 TUK | 12% | 71,164,000,000 TUK |
> 110,000 TUK | 15% | 72,398,000,000 TUK |
> 125,000 TUK | 18% | 71,563,000,000 TUK |
> 140,000 TUK | 21% | 74,908,000,000 TUK |
> 155,000 TUK | 24% | 78,377,000,000 TUK |
> 170,000 TUK | 27% | 72,315,000,000 TUK |
> 185,000 TUK | 30% | 65,797,000,000 TUK |
> 200,000 TUK | 33% | 65,891,000,000 TUK |
> 215,000 TUK | 36% | 62,911,000,000 TUK |
> 230,000 TUK | 39% | 50,139,000,000 TUK |
> 245,000 TUK | 42% | 49,368,000,000 TUK |
> 260,000 TUK | 45% | 46,037,000,000 TUK |
> 275,000 TUK | 48% | 44,361,000,000 TUK |
> 290,000 TUK | 51% | 365,372,000,000 TUK | Total | 1,324,309,000,000 TUK |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | ||
yes | Total Seats: 152 | ||
no |
Total Seats: 103 | ||
abstain | Total Seats: 0 |
Random fact: Don't vote yes on a cabinet coalition that doesn't give you the power that you deserve. |
Random quote: "Freedom is not America's gift to the world. It is God's gift to humanity. " - George W. Bush |