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Bill: Income tax proposal of April 2139
Details
Submitted by[?]: Noordelijk Bevrijding Front
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: December 2139
Description[?]:
The Green Coalition propose to adjust the government's income tax policy to better address the economic situation of the Free Republic of Dorvik. With spending cuts we can also implement tax cuts so the people of our nation can keep the majority of what they earn, this will also lead to a growth of the private sector. |
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 |
> 2,000 DDO | 8% | 27,548,000,000 DDO |
> 8,000 DDO | 15% | 109,345,000,000 DDO |
> 24,000 DDO | 25% | 103,716,000,000 DDO | Total | 240,609,000,000 DDO |
Debate
These messages have been posted to debate on this bill:
Date | 20:08:15, November 11, 2005 CET | From | Maroon Party | To | Debating the Income tax proposal of April 2139 |
Message | These cuts are a little on the extreme side, but we feel they will have to be made sooner or later. |
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Voting
Vote | Seats | ||||
yes | Total Seats: 117 | ||||
no | Total Seats: 2 | ||||
abstain |
Total Seats: 81 |
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Random quote: "Capitalism demands the best of every man- his rationality- and rewards him accordingly. It leaves every man free to choose the work he likes, to specialize in it, to trade his product for the products of others, and to go as far on the road of achievement as his ability and ambition will carry him." - Ayn Rand |