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Bill: Income tax proposal of April 3124
Details
Submitted by[?]: Preservative Party
Status[?]: passed
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: August 3125
Description[?]:
The Preservative Party propose to adjust the government's income tax policy to better address the economic situation of the Commonwealth of Vorona. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 22
Current: 20
Proposed: 9
Article 2
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 2
Current: 0
Proposed: 8
Article 3
Proposal[?] to change Sales tax on luxury goods.
Old value:: 30
Current: 33
Proposed: 8
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 |
> 1 DNT | 5% | 0 DNT |
> 10,000 DNT | 10% | 0 DNT |
> 30,000 DNT | 15% | 0 DNT |
> 80,000 DNT | 20% | 0 DNT |
> 150,000 DNT | 25% | 0 DNT |
> 350,000 DNT | 30% | 0 DNT | Total | 0 DNT |
Debate
These messages have been posted to debate on this bill:
Date | 23:06:51, May 21, 2011 CET | From | Liberal Alliance | To | Debating the Income tax proposal of April 3124 |
Message | Sorry we can't support the fact that we decrease tax on luxury goods but increase tax on essential goods. |
Date | 03:07:14, May 23, 2011 CET | From | Preservative Party | To | Debating the Income tax proposal of April 3124 |
Message | trust me sir. it will work this bill won't be active for long it's only temporary. this is a way in helping the corporations a getting money trough the system. trust me sir i won't let you down. |
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Voting
Vote | Seats | ||
yes |
Total Seats: 691 | ||
no | Total Seats: 0 | ||
abstain |
Total Seats: 0 |
Random fact: "OOC", "IC" and "IG" are commonly-used acronyms in Particracy. "OOC" refers to comments, discussions and actions which are out-of-character, meaning they are done player-to-player rather than party-to-party. "IC" refers to in-character interactions (ie. party-to-party). Similarly, "IG" means in-game, although this term may also simply refer to what happens in the actual game interface, as opposed to on the forum or elsewhere. "RP" just means "role-play". |
Random quote: "Fascism is capitalism plus murder." - Upton Sinclair |