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Bill: CP Income tax proposal of June 2467
Details
Submitted by[?]: Conservative 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: February 2468
Description[?]:
| The Conservative Party propose to adjust the government's income tax policy to better address the economic situation of the Darnussian Republic. We have lowered the income tax from 10% to 5%, keeping the tax-exemption to those earning or earning less than 10,000 DAR. Simultaneously, we have raised the sales tax on essential goods from 2% to 4%. With this, most of the revenue is based on sales taxes rather than on income taxes. |
Proposals
Article 1
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 2
Current: 10
Proposed: 4
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 |
| > 10,000 DAR | 5% | 93,873,000,000 DAR | Total | 93,873,000,000 DAR |
Debate
These messages have been posted to debate on this bill:
| Date | 10:45:09, October 09, 2007 CET | From | Conservative Party | To | Debating the CP Income tax proposal of June 2467 |
| Message | Why isn't this passed yet?! |
| Date | 10:46:22, October 09, 2007 CET | From | Conservative Party | To | Debating the CP Income tax proposal of June 2467 |
| Message | Ah, ok, the sales tax article... |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 208 | ||||
| no | Total Seats: 13 | ||||
| abstain |
Total Seats: 60 |
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