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Bill: Income tax proposal of March 3359
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 3359
Description[?]:
| The Vācbaltiešu Vigs Partija ('Whigs') propose to adjust the government's income tax policy to better address the economic situation of the Kingdom of Dolgava. This cuts the tax take for every tax bracket. |
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 |
| > 12,000 DLD | 5% | 8,563,000,000 DLD |
| > 15,000 DLD | 8% | 22,834,000,000 DLD |
| > 20,000 DLD | 10% | 171,252,000,000 DLD |
| > 50,000 DLD | 12% | 342,503,000,000 DLD |
| > 100,000 DLD | 15% | 415,238,000,000 DLD |
| > 150,000 DLD | 18% | 1,581,547,000,000 DLD | Total | 2,541,937,000,000 DLD |
Debate
These messages have been posted to debate on this bill:
| Date | 17:14:48, September 02, 2012 CET | From | The Dolgavan Conservative Party | To | Debating the Income tax proposal of March 3359 |
| Message | We believe the tax for the 150,000 DLD should be 20% |
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Voting
| Vote | Seats | ||
| yes |
Total Seats: 146 | ||
| no | Total Seats: 60 | ||
| abstain |
Total Seats: 45 |
| Random fact: Information about the population of each country can be found on the Population Information thread: http://forum.particracy.net/viewtopic.php?f=5&t=8663 |
| Random quote: "Depressions and mass unemployment are not caused by the free market but by government interference in the economy." - Ludwig von Mises |