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Bill: Income tax proposal of June 4668
Details
Submitted by[?]: Moderate Party
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: February 4669
Description[?]:
The Moderate Party propose to adjust the government's income tax policy to better address the economic situation of the Talmori ka Olominira (Talmoria). |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 20
Current: 10
Proposed: 10
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 28
Current: 5
Proposed: 7
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 |
> 2,500 TAL | 5% | 0 TAL |
> 10,000 TAL | 15% | 0 TAL |
> 20,000 TAL | 20% | 0 TAL |
> 30,000 TAL | 25% | 0 TAL |
> 40,000 TAL | 30% | 0 TAL | Total | 0 TAL |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |
yes |
Total Seats: 500 | |
no | Total Seats: 0 | |
abstain | Total Seats: 0 |
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