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Bill: Income Tax Adjustments
Details
Submitted by[?]: People's Unity 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: November 5068
Description[?]:
| The People's Unity Party propose to adjust the government's income tax policy to better address the economic situation of the Trigunskaya Federatsiya Sotsialisticheskoy Respubliki (Trigunia). |
Proposals
Article 1
Proposal[?] to change Policy on profit sharing
Old value:: A fiscally beneficial system encourages companies to share profits with employees.
Current: A fiscally beneficial system encourages companies to share profits with employees.
Proposed: Companies are required to distribute a majority fraction of its profits to employees.
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 |
| > 100 TRA | 99% | 311,681,000,000 TRA |
| > 10,000 TRA | 20% | 3,975,000,000 TRA |
| > 15,000 TRA | 20% | 929,000,000 TRA | Total | 316,585,000,000 TRA |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||
| yes | Total Seats: 750 | ||
| no | Total Seats: 0 | ||
| abstain | Total Seats: 0 |
| Random fact: Don't put "the" as the first word in your party name, because when parties are referred to in news reports, their names are preceded with "the", e.g. the [Socialist Party] has lost. |
| Random quote: "To live anywhere in the world today and be against equality because of race or color is like living in Alaska and being against snow." - William Faulkner, Essays, Speeches and Public Letters |