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Bill: Income tax proposal of December 3409
Details
Submitted by[?]: Devolutionist Alliance
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: August 3410
Description[?]:
| The Devolutionist Coalition propose to adjust the government's income tax policy to better address the economic situation of the Imperial Commonwealth of Narikaton and Darnussia. Under the Proposed spending plan there is enough tax collection from sales tax to fund the programs needed, this policy worked extremely well in Kundrati one of our very near neighbours a number of years ago. |
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 |
| > 10,000,000,000 DAR | 1% | 0 DAR | Total | 0 DAR |
Debate
These messages have been posted to debate on this bill:
| Date | 13:38:45, December 13, 2012 CET | From | Matternich's Liberal Faction | To | Debating the Income tax proposal of December 3409 |
| Message | Any tax cuts for any tax bracket have the full support of the Liberal Faction. Tax is theft, after all. |
| Date | 15:52:31, December 13, 2012 CET | From | Loyalistische Partei | To | Debating the Income tax proposal of December 3409 |
| Message | Indeed. Income tax is the most unfair tax there is. Begone socialist evil. |
| Date | 16:00:24, December 13, 2012 CET | From | Loyalistische Partei | To | Debating the Income tax proposal of December 3409 |
| Message | OOC: We'll see how this goes. Atleast before the tax cuts, our GDP has dropped drastictly to half of what it was before the new budget. The spending should increase after the tax cuts, though. |
| Date | 16:07:40, December 13, 2012 CET | From | Loyalistische Partei | To | Debating the Income tax proposal of December 3409 |
| Message | OOC: And it went well, after the tax cuts, consumption and investments both grew significantly (as predicted). Only a minor GDP-drop from the previous. This new eoconomic model is a success. |
| Date | 16:08:26, December 13, 2012 CET | From | Matternich's Liberal Faction | To | Debating the Income tax proposal of December 3409 |
| Message | OOC: I would say that the best way to improve GDP is to cut taxes and spending on government administration, healthcare etc. and increase it on national defence to create jobs? Last thing we want to do is end up swamped in debt |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 301 | |||
| no | Total Seats: 0 | |||
| abstain | Total Seats: 0 |
| Random fact: Make sure to check out Particracy's wiki. http://particracy.wikia.com/wiki/Main_Page |
| Random quote: "We shall fight against them, throw them in prisons and destroy them." - Vladimir Putin |