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Bill: Income tax proposal of March 2147
Details
Submitted by[?]: Socio-Democratic Union
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: November 2148
Description[?]:
| The Socio-Democratic Union propose to adjust the government's income tax policy to better address the economic situation of the Dolgarian Empire. |
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 DLD | 15% | 341,721,000,000 DLD |
| > 50,000 DLD | 25% | 711,919,000,000 DLD |
| > 100,000 DLD | 33% | 3,803,845,000,000 DLD | Total | 4,857,485,000,000 DLD |
Debate
These messages have been posted to debate on this bill:
| Date | 16:16:29, November 27, 2005 CET | From | Socio-Democratic Union | To | Debating the Income tax proposal of March 2147 |
| Message | A progressive system, fairer and allowing use to boost our spendings by 1'200 billions. |
| Date | 18:59:51, November 27, 2005 CET | From | Liberty and Prosperity Party | To | Debating the Income tax proposal of March 2147 |
| Message | I'll give you one thing, it's a very sensible progressive tax. Not nearly as bad as the ones that have been proposed. |
| Date | 21:25:59, November 27, 2005 CET | From | Socio-Democratic Union | To | Debating the Income tax proposal of March 2147 |
| Message | Still in favour of some of the richest Dolgarians, but compromise is what we seek. |
| Date | 04:51:41, November 28, 2005 CET | From | Movement for White Supremacy | To | Debating the Income tax proposal of March 2147 |
| Message | I am not in support of any tax increase. We dont really need it. Our economic situations have not changed that rashly in the last week as to warrant an increase in taxes. Read my continuation on the budget debate. That being said, this one is the most sane of any tax proposal that has been introduced. You are a good person SDU. and Fair. Pretending that I was debating about this one, and thought that we needed higher social expenditures, It is still high, but It is almost livable. I would support this if the 100+ bracket was only 30%. In that case, I would approve. However, like I said, "I am not in support of any tax increase. We dont really need it. Our economic situations have not changed that rashly in the last week as to warrant an increase in taxes. Read my continuation on the budget debate. " |
| Date | 13:18:16, November 28, 2005 CET | From | Dolgarian Imperial Revivalists | To | Debating the Income tax proposal of March 2147 |
| Message | We do need a tax increase, and this isn't anywhere near enough, not even for the reduced budget that is suggested alongside this tax proposal. |
| Date | 13:45:01, November 28, 2005 CET | From | Dolgarian Imperial Revivalists | To | Debating the Income tax proposal of March 2147 |
| Message | Actually this might work, assuming that corporation and sales taxes are kept at the current levels.... In fact, you might even be able to reduce the bottom rate of tax a bit. Let me play with some numbers, then you can see what I'm talking about.... |
| Date | 22:57:45, November 28, 2005 CET | From | Socio-Democratic Union | To | Debating the Income tax proposal of March 2147 |
| Message | I never assumed that sales taxes would change. |
| Date | 18:00:59, November 29, 2005 CET | From | Alianse Progresivitāte | To | Debating the Income tax proposal of March 2147 |
| Message | The DNCP finds these rates to be appaulingly low. (The ghost of the DNUP pumps its fist at a sensible comprimise.) |
| Date | 19:02:41, November 29, 2005 CET | From | Movement for White Supremacy | To | Debating the Income tax proposal of March 2147 |
| Message | lol.... regardless, DUP, question to you, seeing as we are catering to invisible people (actually, they are 1's and 0's), how can you "speak for the people" and proclaim that we are in dire need for more funds. We do not need a tax increase, our current budget is fine. I think you just like raising taxes to hobble the rich and stifle capitalism. |
| Date | 10:06:40, November 30, 2005 CET | From | Dolgarian Imperial Revivalists | To | Debating the Income tax proposal of March 2147 |
| Message | I should probably point out that the rates here are higher than in the taxation bill I proposed.... As to why we need more taxation. Well its simple really, we need the money to 'pay for stuff'. If you want the country to be defended, maintain decent public services, investment in technology and so on, then public funds through taxation is the only way. Oh and building roads etc... as well of course.... |
| Date | 10:11:59, November 30, 2005 CET | From | Dolgarian Imperial Revivalists | To | Debating the Income tax proposal of March 2147 |
| Message | Oh and compared to RL, what we have now is a very, very low taxation regime indeed. Average European government spending as a share of GDP is in the region of 40-60%, the UK is in the 40% region, whilst the likes of Sweden are IIRC in the region of 60%. Indeed the base income tax rate in Sweden is 50%, as opposed to the 22% that it is in the UK. And if you want to compare the success of the European economy to the US economy, all I need point out is that the Euro Area alone (so that excludes the UK, and IIRC Denmark, plus a few others), has a GDP that is 2 1/2 times that of the US, with a population that is (and this is a very rough calculation on my part), between 1 and 1 1/2 times the size, and obviously a land mass much, much less than the US. Also Europe doesn't have anywhere near the trade deficit of the US, nor the national debt that the US has for that matter.... |
| Date | 19:06:42, November 30, 2005 CET | From | Alianse Progresivitāte | To | Debating the Income tax proposal of March 2147 |
| Message | We're reluctantly voting in favor here because this is the higher of the two current proposals. ;-) |
| Date | 23:03:03, November 30, 2005 CET | From | Movement for White Supremacy | To | Debating the Income tax proposal of March 2147 |
| Message | Dude, firstly, no. the US has a huge trade deficit because we need to keep bailing out these other poor african countries from bankruptcy with US tax dollars. Oh by the way, the European countries (UK especially) just exploited them and still are exploiting them for their own benefit, and to the benefit of their GDP. So, you guys screw it up, and the US pays to clean it up. Sounds fair? Secondly, the GDP is actually a bit less for the entire EU, when compared to the USA. However, the GDP per capita AVERAGE is humoungously low when compared to the US gdp. You can blame the balkans for that one. The two highest GDP per capita are in luxembourg and in Ireland. The balkans and Spain and Italy are dragging down the "prosperity" levels for Europe. Regardless, it is not justified to compare the two, seeing as there are huge differences between them. And as far as why we need taxation. Yea, duh, the government needs taxes to pay for stuff. Im not an idiot. The thing is that we maintain a sufficient level of "paying for stuff" without increasing our taxes 10 fold. |
| Date | 23:32:41, November 30, 2005 CET | From | United Dolgaria Party | To | Debating the Income tax proposal of March 2147 |
| Message | I'm totally against helping out those sick bums out in Nigeria and Congo, etc. Cutting out foreign aid will help the US economy by alot, and help is what our economy needs. And mind that, I AM NOT asking for help from other countries like those in Africa, I think that the US can deal with its own problems by itself. |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 356 | ||||
| no |
Total Seats: 394 | ||||
| abstain |
Total Seats: 0 |
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