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Bill: DUCE Income Tax Reform II
Details
Submitted by[?]: Deltarian Union for Conservative Economy
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: March 3295
Description[?]:
| We propose a two bracket system, and we will only need to cut out parts of our budget to stay away from a deficit. |
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 |
| > 1 DTE | 11% | 252,876,000,000 DTE |
| > 40,000 DTE | 22% | 682,769,000,000 DTE | Total | 935,645,000,000 DTE |
Debate
These messages have been posted to debate on this bill:
| Date | 03:17:49, April 25, 2012 CET | From |  Social Anarchy Party | To | Debating the DUCE Income Tax Reform II |
| Message | Still think the >500,000 need higher taxes |
| Date | 04:21:15, April 25, 2012 CET | From | Deltarian Union for Conservative Economy | To | Debating the DUCE Income Tax Reform II |
| Message | Why should the rich be taxed because they have rallied on their knowledge and intellect to get them where they are now? If you think some rich people are rich not of their own effort, impose stricter inheritance laws! |
| Date | 03:18:38, April 26, 2012 CET | From | Social Anarchy Party | To | Debating the DUCE Income Tax Reform II |
| Message | Too much of the rich do not put their money back into the economy. Thus the government must take it and put it back in it. |
| Date | 06:01:03, April 26, 2012 CET | From | Deltarian Union for Conservative Economy | To | Debating the DUCE Income Tax Reform II |
| Message | That is not true. And even if it was we could argue that the poor to not put enough into the economy in the first place! And if your party says that they we should not tax the poor, well then you should notice that the tax is only 10%! Also, the rich our our economic and social capital. THey got what they earned, and that shows their value. |
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Voting
| Vote | Seats | ||
| yes | Total Seats: 108 | ||
| no | Total Seats: 0 | ||
| abstain |
Total Seats: 92 |
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