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Bill: Sales and Income tax proposal of June 4804
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: January 4806
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:: 1
Current: 5
Proposed: 2
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 |
> 1,000 TRA | 20% | 22,475,000,000 TRA |
> 3,000 TRA | 25% | 10,697,000,000 TRA |
> 4,000 TRA | 30% | 9,926,000,000 TRA |
> 5,000 TRA | 35% | 34,838,000,000 TRA | Total | 77,936,000,000 TRA |
Debate
These messages have been posted to debate on this bill:
Date | 22:46:11, August 22, 2020 CET | From | Krasnyy Narodnyy Soyuz | To | Debating the Sales and Income tax proposal of June 4804 |
Message | Trying to be harder at top and more lenient at bottom but not much room to work. |
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Voting
Vote | Seats | ||
yes |
Total Seats: 250 | ||
no | Total Seats: 0 | ||
abstain | Total Seats: 0 |
Random fact: References to prominent real-life persons are not allowed. This includes references to philosophies featuring the name of a real-life person (eg. "Marxism", "Thatcherism", "Keynesianism"). |
Random quote: "A lot of people are waiting for Martin Luther King or Mahatma Gandhi to come back, but they are gone. We are it. It is up to us. It is up to you." - Marian Wright Edelman |