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Bill: Income tax proposal of August 3032
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: April 3033
Description[?]:
The Green Socialist 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 |
> 5,000 DDO | 1% | 2,869,000,000 DDO |
> 10,000 DDO | 5% | 24,173,000,000 DDO |
> 20,000 DDO | 20% | 52,228,000,000 DDO |
> 30,000 DDO | 25% | 31,862,000,000 DDO |
> 40,000 DDO | 30% | 22,532,000,000 DDO |
> 50,000 DDO | 35% | 16,189,000,000 DDO |
> 60,000 DDO | 40% | 10,419,000,000 DDO |
> 70,000 DDO | 45% | 3,646,000,000 DDO |
> 80,000 DDO | 50% | 643,000,000 DDO | Total | 164,561,000,000 DDO |
Debate
These messages have been posted to debate on this bill:
Date | 10:16:29, November 19, 2010 CET | From | Dorvikische Volkspartei | To | Debating the Income tax proposal of August 3032 |
Message | Mr. Speaker, Once the unfair taxation system is dealt with, we will then focus on sorting out the chaotic budget. |
Date | 10:19:02, November 19, 2010 CET | From | Lormish National Congress | To | Debating the Income tax proposal of August 3032 |
Message | Mr Speaker, While the GSP's proposal is not ideal it is a better system of taxation then the current and as such will have our support. |
Date | 12:27:47, November 19, 2010 CET | From | . | To | Debating the Income tax proposal of August 3032 |
Message | Mr. Speaker, This will reduce income tax revenue by more than half. We simply cannot afford this gargantuan deficit. |
Date | 19:51:00, November 19, 2010 CET | From | Dorvikische Volkspartei | To | Debating the Income tax proposal of August 3032 |
Message | Mr. Speaker, Hence, we have repeatedly stated that we will cut the budget, of which is alarming unbalanced anyway.. |
Date | 00:48:09, November 20, 2010 CET | From | . | To | Debating the Income tax proposal of August 3032 |
Message | Mr. Speaker, If the GSP had any financial commonsense they would consider the prudence of reducing the budget *before* embarking on such a massive tax cut. |
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Voting
Vote | Seats | |||
yes | Total Seats: 335 | |||
no |
Total Seats: 165 | |||
abstain | Total Seats: 0 |
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