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Bill: Income tax proposal of October 3529
Details
Submitted by[?]: Popular Action Party 인기있는 행동
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: June 3530
Description[?]:
| This tax plan will see revenue increased by around 90 billion DRA in the quest for a balanced budget given the mess we inherited from the previous administration, Parliment must swiftly pass this and have government live within its means as millions of Dranish families do. Jaume Viana MP Finance Minister |
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 |
| > 7,200 DRA | 14% | 31,369,000,000 DRA |
| > 11,100 DRA | 17% | 43,950,000,000 DRA |
| > 15,600 DRA | 20% | 43,089,000,000 DRA |
| > 19,350 DRA | 23% | 57,480,000,000 DRA |
| > 23,700 DRA | 26% | 73,940,000,000 DRA |
| > 28,650 DRA | 29% | 85,611,000,000 DRA |
| > 34,200 DRA | 33% | 83,090,000,000 DRA |
| > 40,350 DRA | 38% | 87,959,000,000 DRA |
| > 47,100 DRA | 43% | 87,200,000,000 DRA |
| > 54,450 DRA | 48% | 149,875,000,000 DRA |
| > 70,000 DRA | 53% | 317,777,000,000 DRA | Total | 1,061,340,000,000 DRA |
Debate
These messages have been posted to debate on this bill:
| Date | 10:19:57, August 13, 2013 CET | From | Grand National Party | To | Debating the Income tax proposal of October 3529 |
| Message | Mr Speaker, if the Finance Minister were in any way aware of the fiscal state of this country, she would know that a) this 'mess' was exclusively created by the disastrous Goodwin administration and not a single DRA was added to the deficit during the Holbrooke years when I was Finance Minister (cuts to the deficit, as we would have implemented after the tax cuts, were thwarted by the left's complete obstructionism regarding any changes in income and sales taxes). This mess is the heritage of the man who is now President and his socialist colleagues who now try to run away from their embarrassing legacy that is a tragic memorial for their fiscal incompetence. b) if government is to live within its means, the answer is surely not stealing even more of hard-earned taxpayer money but cutting the waste created by union-controlled statist fanatics who have inflated the size of government to the brink of collapse. Lawrence Sinclair MP Member for Loren RFR Finance Spokesman |
| Date | 10:52:01, August 13, 2013 CET | From | Popular Action Party 인기있는 행동 | To | Debating the Income tax proposal of October 3529 |
| Message | Mr Speaker, Mr Sinclar had a full four years to fix the mess but his ideological inflexibility made that impossible. The AoL government however has maned up to implement unpopular but ultimately beneficial measures. Is the AoL to blame for the 152 billion or so, Dranland had to borrow under the Holbrooke administration? That government had a parliamentary majority so none can claim 'deadlock'. Jaume Viana MP Finance Minister |
| Date | 16:15:32, August 13, 2013 CET | From | Centre Democrats | To | Debating the Income tax proposal of October 3529 |
| Message | Mr Speaker, We cannot support this economic reform since it will result in a too large economic burden on the middle income groups. A new proposal which consists of large budget cuts in the defence budget could allow us to not raise the taxes this high. David Ceredig-Evans MP Member for Elbian President of the Radical Liberal Union Minister of Justice |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 222 | ||||
| no |
Total Seats: 92 | ||||
| abstain |
Total Seats: 85 |
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