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Bill: Income tax proposal of July 4801
Details
Submitted by[?]: Krasnyy Narodnyy Soyuz
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 4803
Description[?]:
| The Krasnyy Narodnyy Soyuz propose to adjust the government's income tax policy to better address the economic situation of the Federativnyye Sotsialisticheskiye Respubliki Triguniya (Trigunia). |
Proposals
Article 1
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 0
Current: 5
Proposed: 1
Article 2
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 |
| > 500 TRA | 10% | 2,864,000,000 TRA |
| > 1,000 TRA | 25% | 47,103,000,000 TRA |
| > 5,000 TRA | 30% | 29,892,000,000 TRA | Total | 79,859,000,000 TRA |
Debate
These messages have been posted to debate on this bill:
| Date | 00:13:01, August 17, 2020 CET | From |  Krasnyy Narodnyy Soyuz | To | Debating the Income tax proposal of July 4801 |
| Message | Income tax is mainstay now of budget and right high. |
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Voting
| Vote | Seats | ||
| yes |
Total Seats: 250 | ||
| no | Total Seats: 0 | ||
| abstain | Total Seats: 0 |
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