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Bill: Income tax proposal of March 3305
Details
Submitted by[?]: Vigs Partija ('Whigs')
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: November 3305
Description[?]:
| The Vācbaltiešu Vigs Partija ('Whigs') propose to simplify the tax system, by abolishing the upper rate of 65% and also abolishing the tax brackets of lower earners. Progressive, and competitive. Vital for rebalancing the economy |
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 | 25% | 28,519,000,000 DLD |
| > 12,000 DLD | 40% | 22,815,000,000 DLD |
| > 13,000 DLD | 45% | 51,334,000,000 DLD |
| > 15,000 DLD | 50% | 142,595,000,000 DLD |
| > 20,000 DLD | 55% | 156,854,000,000 DLD |
| > 25,000 DLD | 60% | 171,114,000,000 DLD |
| > 30,000 DLD | 60% | 1,711,135,000,000 DLD |
| > 80,000 DLD | 60% | 7,610,256,000,000 DLD | Total | 9,894,622,000,000 DLD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||
| yes |
Total Seats: 133 | ||
| no | Total Seats: 0 | ||
| abstain |
Total Seats: 118 |
| Random fact: Large scale RP planning (such as wars, regional/continental conflicts, economic collapse, etc.) should be planned (as best as it can be) and should have consent of a majority of players involved. |
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