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Bill: Income tax proposal of April 3199
Details
Submitted by[?]: Liberaldemokratische Partei
Status[?]: defeated
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 3199
Description[?]:
We demand a tax break for all classes of income to reduce the financial burden the new reforms on Health and Education imposed on the citizens. Every class of income shall get a tax cut of 5% in order to create a faier taxation sysem. Michelle Ehrenfeld (LDP), Minister of Finance |
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 |
> 15,000 DUM | 15% | 120,817,000,000 DUM |
> 30,000 DUM | 20% | 100,751,000,000 DUM |
> 45,000 DUM | 30% | 125,809,000,000 DUM |
> 70,000 DUM | 35% | 105,956,000,000 DUM | Total | 453,333,000,000 DUM |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | ||
yes | Total Seats: 0 | ||
no | Total Seats: 265 | ||
abstain | Total Seats: 235 |
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: "Those looking for ideology in the White House should consider this: for the men who rule our world, rules are for other people." - Naomi Klein |