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Bill: Income tax proposal of September 3558
Details
Submitted by[?]: Dranish Agrarian League
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: May 3559
Description[?]:
| This tax proposal will have the rate for high income earners increased by 3% to 37% and the rate for low incomes fall to 12%. Gerold Yates MP Finance Minister Member for Loren |
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 DRA | 12% | 103,292,000,000 DRA |
| > 25,000 DRA | 24% | 178,183,000,000 DRA |
| > 40,000 DRA | 37% | 502,546,000,000 DRA | Total | 784,021,000,000 DRA |
Debate
These messages have been posted to debate on this bill:
| Date | 18:13:10, October 10, 2013 CET | From | National Libertarian | To | Debating the Income tax proposal of September 3558 |
| Message | Those in the poorest tax bracket will not be better off, as their taxes may fall, but incomes will drop from the succesfull who pay for them. |
| Date | 18:28:50, October 10, 2013 CET | From | Dranish Agrarian League | To | Debating the Income tax proposal of September 3558 |
| Message | Mr Speaker, Please elaborate Mr Karshaw. Gerold Yates MP Finance minister Member for Loren |
| Date | 18:56:36, October 10, 2013 CET | From | Hacia Casa | To | Debating the Income tax proposal of September 3558 |
| Message | Mr. Speaker, In real terms, this proposal will increase the tax burden on the eastern Egelian people by over 30 billion DRA. This is totally unacceptable. If eastern Egelia would only reunify with the west, both of our economies would grow substantially and we could all enjoy higher incomes, lower taxes and better-funded public services. Curro Cabello MP Leader of Hacia Casa |
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Voting
| Vote | Seats | ||||||
| yes |
Total Seats: 205 | ||||||
| no |
Total Seats: 194 | ||||||
| abstain | Total Seats: 0 |
| Random fact: Particracy does not allow role-play that seems to belong to the world of fantasy, science fiction and futuristic speculation. |
| Random quote: "All within the state; nothing outside the state; nothing against the state." - Benito Mussolini |