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Bill: Income tax proposal of February 2912
Details
Status[?]: defeated
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: January 2917
Description[?]:
| The the tea party propose to adjust the government's income tax policy to better address the economic situation of the United Republic of Vorona. |
Proposals
Article 1
Withdraw from the Alorian Anti-Capitalist Restoration Treaty.
Article 2
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 50
Current: 45
Proposed: 35
Article 3
Proposal[?] to change Sales tax on luxury goods.
Old value:: 10
Current: 18
Proposed: 15
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 |
| > 21 DNT | 15% | 0 DNT |
| > 40 DNT | 20% | 0 DNT |
| > 50 DNT | 25% | 0 DNT |
| > 60 DNT | 30% | 0 DNT |
| > 70 DNT | 35% | 0 DNT |
| > 75 DNT | 40% | 0 DNT |
| > 80 DNT | 45% | 0 DNT |
| > 90 DNT | 50% | 0 DNT |
| > 99 DNT | 55% | 0 DNT | Total | 0 DNT |
Debate
These messages have been posted to debate on this bill:
| Date | 20:12:02, March 22, 2010 CET | From | Tea Party | To | Debating the Income tax proposal of February 2912 |
| Message | I want our nation to embrace freedom of economies and to stop punishing people by being rich, just vote for this and if it dose not work in 5 years we can go back to the way things were |
| Date | 03:58:31, March 23, 2010 CET | From | Alliance/Workers Party | To | Debating the Income tax proposal of February 2912 |
| Message | We cannot dare support this bill. We the Worker's Party believe that the rich of Vorona owe the poor a great deal by manipulating them, which the rich accomplish by controlling their labor. |
| Date | 17:41:44, March 23, 2010 CET | From | Tea Party | To | Debating the Income tax proposal of February 2912 |
| Message | Liston the income tax rates our still high and the less income earners will be paying lower taxes, i would be willing to hike the top brackets to 60 and 70% |
| Date | 06:12:10, March 25, 2010 CET | From | Alliance/Workers Party | To | Debating the Income tax proposal of February 2912 |
| Message | We like article 3 though |
| Date | 17:53:28, March 25, 2010 CET | From | Tea Party | To | Debating the Income tax proposal of February 2912 |
| Message | then we can make up for the lost revue with the luxury goods tax. |
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Voting
| Vote | Seats | ||
| yes |
Total Seats: 0 | ||
| no | Total Seats: 750 | ||
| abstain | Total Seats: 0 |
| Random fact: Real life-life nationalities, cultures or ethnicities should not be referenced in Particracy (eg. "German"). |
| Random quote: "Man is by nature a political animal." - Aristotle |