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Bill: Programme for Economic Development, 4833
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 4834
Description[?]:
| The União Democrática do Tukarali propose to adjust the government's income tax policy to better address the economic situation of the República Democrática do Tukarali (Tukarali). |
Proposals
Article 1
Proposal[?] to change The nation's defence industry.
Old value:: Defence industries are privately owned but subsidised by the state.
Current: The state owns national defence industries but these exist alongside privately owned defence industries.
Proposed: Defence industries are privately owned and not subsidised.
Article 2
Proposal[?] to change The right to gamble.
Old value:: Gambling is illegal.
Current: Gambling is legal, but only in private homes and casinos with special licences.
Proposed: The legality of gambling is a matter of local governments.
Article 3
Proposal[?] to change Sales tax on luxury goods.
Old value:: 30
Current: 27
Proposed: 33
Article 4
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 |
| > 12,000 TUK | 6% | 10,140,000,000 TUK |
| > 15,000 TUK | 9% | 15,210,000,000 TUK |
| > 18,000 TUK | 12% | 20,281,000,000 TUK |
| > 21,000 TUK | 15% | 25,351,000,000 TUK |
| > 24,000 TUK | 18% | 30,421,000,000 TUK |
| > 27,000 TUK | 21% | 35,491,000,000 TUK |
| > 30,000 TUK | 24% | 40,561,000,000 TUK |
| > 33,000 TUK | 27% | 45,631,000,000 TUK |
| > 36,000 TUK | 30% | 50,702,000,000 TUK |
| > 39,000 TUK | 33% | 55,772,000,000 TUK |
| > 42,000 TUK | 36% | 60,842,000,000 TUK |
| > 45,000 TUK | 39% | 65,912,000,000 TUK |
| > 48,000 TUK | 42% | 70,982,000,000 TUK |
| > 51,000 TUK | 45% | 76,052,000,000 TUK |
| > 54,000 TUK | 48% | 81,123,000,000 TUK |
| > 57,000 TUK | 51% | 3,111,104,000,000 TUK | Total | 3,795,575,000,000 TUK |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes | Total Seats: 225 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
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