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Bill: PCT-4 Income Tax Redefinition Act
Details
Submitted by[?]: Partido Comunista de 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: June 4675
Description[?]:
| The PCT shall hereby enhance the taxing policy! The old taxing system is leaving the rich untouched! The new taxing system shall raise the tax rate on the rich to provide for the poor, as well a better adjusted tax rate on the lower classes as well! The final target is anyway the abolition of money and private property, so in our final stages we will abolish the need of money in our society and move ourselves for a socialist utopia. |
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 |
| > 5,000 TUK | 25% | 281,941,000,000 TUK |
| > 25,000 TUK | 50% | 704,852,000,000 TUK |
| > 50,000 TUK | 75% | 1,895,799,000,000 TUK |
| > 100,000 TUK | 90% | 3,576,589,000,000 TUK | Total | 6,459,181,000,000 TUK |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |
| yes | Total Seats: 270 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
| Random fact: "Spamming", or the indiscriminate posting of unsolicited messages, is not allowed. |
| Random quote: "He who controls the past, commands the future. He who commands the future, conquers the past." - Kane; Command and Conquer: Red Alert |