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Bill: Taxation Reform
Details
Submitted by[?]: Partidul Poporului Noului Endralon
Status[?]: defeated
Votes: This bill proposes to change income taxes. It requires more than half of the legislature to vote yes. This bill will not pass any sooner than the deadline.
Voting deadline: January 3607
Description[?]:
Mr. Speaker, This bill is a revised version of our previous proposal, this proposal has been changed to accomodate the wishes of the KCP to keep a higher revenue for the government. As such we estimate to keep a surplus of around 5 billion. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 25
Current: 0
Proposed: 22
Article 2
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 2
Current: 0
Proposed: 10
Article 3
Proposal[?] to change Sales tax on luxury goods.
Old value:: 28
Current: 0
Proposed: 25
Article 4
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 |
> 50,000 NED | 5% | 85,878,000,000 NED |
> 100,000 NED | 7% | 55,873,000,000 NED |
> 150,000 NED | 9% | 42,487,000,000 NED |
> 200,000 NED | 11% | 65,907,000,000 NED | Total | 250,145,000,000 NED |
Debate
These messages have been posted to debate on this bill:
Date | 03:26:27, January 14, 2014 CET | From | Kuzaki Communist Party (KCP) | To | Debating the Taxation Reform |
Message | I propose a revenue of around 350, 000, 000, 000 and more for corporations |
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Voting
Vote | Seats | ||
yes | Total Seats: 124 | ||
no | Total Seats: 173 | ||
abstain | Total Seats: 153 |
Random fact: Dorvik is a nation based on Germanic and old Prussian cultures, it is located on the far north of Artania, making it an almost arctic nation. |
Random quote: "The truth is that men are tired of liberty." - Benito Mussolini |