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Bill: Income tax proposal of May 2803
Details
Submitted by[?]: Drasciian New Left
Status[?]: defeated
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: March 2804
Description[?]:
The Drasciian New Left propose to adjust the government's income tax policy to better address the economic situation of the Respublica Dranii. |
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 |
> 20,000 DRA | 5% | 51,479,000,000 DRA |
> 40,000 DRA | 8% | 46,149,000,000 DRA |
> 60,000 DRA | 11% | 34,841,000,000 DRA |
> 80,000 DRA | 14% | 26,208,000,000 DRA |
> 100,000 DRA | 17% | 40,753,000,000 DRA |
> 150,000 DRA | 20% | 7,595,000,000 DRA | Total | 207,025,000,000 DRA |
Debate
These messages have been posted to debate on this bill:
Date | 06:36:06, August 17, 2009 CET | From | Drasciian New Left | To | Debating the Income tax proposal of May 2803 |
Message | Just a note, the GDP per capita of our nation is something to the tune of 33,000 DRA. This income tax scheme, combined with our increased luxury tax and corporation tax, which by the way, though you may view as oppressive are still far, FAR less than most first world country's, will allow us to maintain a healthy surplus whilst maintaining government spending somewhere to the tune of 0.6-1% of GDP, which once again for first world governments is still very very small. |
Date | 11:59:23, August 17, 2009 CET | From | Liberal Union | To | Debating the Income tax proposal of May 2803 |
Message | Again ,the Liberal Union is willing to support this, but notes perhaps we should utilise the current budget before moving to vote. |
Date | 13:20:44, August 17, 2009 CET | From | Drasciian New Left | To | Debating the Income tax proposal of May 2803 |
Message | Same as the corporate and luxury tax proposal. After calculations it appears to me utilizing the current revenue to create an actual worthwhile budget is like using the funds sufficient to keep a city council running to run an entire country. |
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Voting
Vote | Seats | ||||
yes |
Total Seats: 108 | ||||
no |
Total Seats: 73 | ||||
abstain |
Total Seats: 84 |
Random fact: Google Translate can help you with those language translations: https://translate.google.com/ |
Random quote: "Up against the corporate government, voters find themselves asked to choose between look-alike candidates from two parties vying to see who takes the marching orders from their campaign paymasters and their future employers. The money of vested interest nullifies genuine voter choice and trust." - Ralph Nader |