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Bill: Income tax proposal of November 3007
Details
Submitted by[?]: Dorvikische Volkspartei
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: July 3008
Description[?]:
| The Liberal Democratic Party propose to adjust the government's income tax policy to better address the economic situation of the People's Republic of Dorvik. |
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 |
| > 10,000 DDO | 10% | 64,005,000,000 DDO |
| > 25,000 DDO | 15% | 45,804,000,000 DDO |
| > 50,000 DDO | 20% | 16,286,000,000 DDO |
| > 100,000 DDO | 25% | 0 DDO | Total | 126,095,000,000 DDO |
Debate
These messages have been posted to debate on this bill:
| Date | 16:22:01, September 30, 2010 CET | From | Dorvikische Volkspartei | To | Debating the Income tax proposal of November 3007 |
| Message | Mr. Speaker, Although this will take a small amount of money out of our budget, we feel that people have been taxed too much for too long, and therefore offer tax breaks to some members of society. May this be an opportunity to gain wealth. - Minister of Finance, Olga Yablochkova |
| Date | 17:30:35, September 30, 2010 CET | From | Vereinigte Bewegung der Regionen | To | Debating the Income tax proposal of November 3007 |
| Message | Mr. Speaker, Why are the rich the only people who profit from these tax cuts ? |
| Date | 17:49:14, September 30, 2010 CET | From | Dorvikische Volkspartei | To | Debating the Income tax proposal of November 3007 |
| Message | Mr. Speaker, Although regretably we have chosen not to propose tax cuts for the poorest members of society, as this was the taxation policy of the communist regime we felt no need to cut the taxation policy for > 10,000 DDO. It was apparent that the current policy prevented the personal wealth of all boundaries to grow, in the end, as 40% is extremely high. - Minister of Finance, Olga Yablochkova |
| Date | 06:18:03, October 01, 2010 CET | From | Vereinigte Bewegung der Regionen | To | Debating the Income tax proposal of November 3007 |
| Message | Mr Speaker, Why does the CPD support the rich ? Have they forgotten their roots or just being pragmatic (again) ? |
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Voting
| Vote | Seats | |||
| yes |
Total Seats: 242 | |||
| no | Total Seats: 0 | |||
| abstain | Total Seats: 133 |
| Random fact: "Treaty-locking", or ratifiying treaties that completely or nearly completely forbid any proposals to change laws, is not allowed. Amongst other possible sanctions, Moderation reserves the discretion to delete treaties and/or subject parties to a seat reset if this is necessary in order to reverse a treaty-lock situation. |
| Random quote: "This administration is not sympathetic to corporations; it is indentured to corporations." - Ralph Nader |