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Bill: Income tax proposal of January 5399
Details
Submitted by[?]: Partido Social Liberal (PSL) 🌎
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: September 5399
Description[?]:
| The Partido Social Liberal (PSL) 🌎 propose to adjust the government's income tax policy to better address the economic situation of the República Tukarense (Tukarali). |
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 | 5% | 14,075,000,000 TUK |
| > 10,000 TUK | 7% | 19,705,000,000 TUK |
| > 15,000 TUK | 10% | 56,301,000,000 TUK |
| > 25,000 TUK | 12% | 67,561,000,000 TUK |
| > 35,000 TUK | 15% | 84,451,000,000 TUK |
| > 45,000 TUK | 17% | 95,711,000,000 TUK |
| > 55,000 TUK | 20% | 112,284,000,000 TUK |
| > 65,000 TUK | 22% | 119,408,000,000 TUK |
| > 75,000 TUK | 27% | 307,302,000,000 TUK |
| > 100,000 TUK | 30% | 259,791,000,000 TUK |
| > 125,000 TUK | 32% | 203,807,000,000 TUK |
| > 150,000 TUK | 35% | 188,713,000,000 TUK |
| > 175,000 TUK | 37% | 145,701,000,000 TUK |
| > 200,000 TUK | 40% | 217,233,000,000 TUK |
| > 250,000 TUK | 45% | 148,106,000,000 TUK |
| > 300,000 TUK | 50% | 185,019,000,000 TUK |
| > 400,000 TUK | 55% | 160,025,000,000 TUK | Total | 2,385,193,000,000 TUK |
Debate
These messages have been posted to debate on this bill:
| Date | 19:19:19, November 25, 2023 CET | From | Partido Social Liberal (PSL) 🌎 | To | Debating the Income tax proposal of January 5399 |
| Message | In order to every single individual to pay a lower and fairer tax, we propose this new system, which implemented together with the new government spending bill would allow the country to run a surplus together with lower taxes. |
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Voting
| Vote | Seats | |
| yes | Total Seats: 239 | |
| no | Total Seats: 0 | |
| abstain |
Total Seats: 111 |
| Random fact: Use a valid e-mail address for your Particracy account. If the e-mail address you entered does not exist, your account may be suspected of multi-accounting and inactivated. |
| Random quote: "Under capitalism, man exploits man. Under communism, it's just the opposite." - John Kenneth Galbraith |