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Bill: Gesetz F-5: Tax proposal of November 3629
Details
Submitted by[?]: Dundorfische Nationale Volkspartei
Status[?]: passed
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: September 3630
Description[?]:
| The Freiheitspartei propose to adjust the government's income tax policy to better address the economic situation of the Großdundorfisches Reich (Dundorf). |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 0
Current: 30
Proposed: 34
Article 2
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 0
Current: 2
Proposed: 5
Article 3
Proposal[?] to change Sales tax on luxury goods.
Old value:: 25
Current: 20
Proposed: 30
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 |
| > 1 DUM | 50% | 581,301,000,000 DUM |
| > 20,000 DUM | 55% | 483,879,000,000 DUM |
| > 40,000 DUM | 65% | 276,412,000,000 DUM |
| > 60,000 DUM | 75% | 170,820,000,000 DUM |
| > 80,000 DUM | 85% | 103,818,000,000 DUM |
| > 100,000 DUM | 95% | 79,708,000,000 DUM | Total | 1,695,938,000,000 DUM |
Debate
These messages have been posted to debate on this bill:
| Date | 15:53:39, March 01, 2014 CET | From | Dundorfische Nationale Volkspartei | To | Debating the Gesetz F-5: Tax proposal of November 3629 |
| Message | This new tax plan to foster the creation of a true middle class in the Reich and begin fostering the economy and the individual economic freedom of the Dundorf citizen |
| Date | 16:14:05, March 01, 2014 CET | From | Monarchistische Reformpartei | To | Debating the Gesetz F-5: Tax proposal of November 3629 |
| Message | You are proposing the to cut the income tax revenue by 40% how much this will be brought in with the rising sales tax? |
| Date | 16:20:26, March 01, 2014 CET | From | Dundorfische Nationale Volkspartei | To | Debating the Gesetz F-5: Tax proposal of November 3629 |
| Message | We are also going to be cutting Federal spending to compensate to order to ease the massive bureaucracy currently plaguing our government. And by beginning to introduce small scale private industry and enterprise back into the Reich we'll further ease government burden and the need to have such an obscene income tax rate as we had before. As for the amount it will make up, we can't know as Essential Goods and Corporate tax haven't been introduced before. Doreen Koenig Reich Minister of Finance |
| Date | 17:01:09, March 01, 2014 CET | From | Monarchistische Reformpartei | To | Debating the Gesetz F-5: Tax proposal of November 3629 |
| Message | We could agree to this if you lowered the essential goods tax and elevated the corporation tax. |
| Date | 17:04:46, March 01, 2014 CET | From | Monarchistische Reformpartei | To | Debating the Gesetz F-5: Tax proposal of November 3629 |
| Message | But if there is no budget proposal first. |
| Date | 17:44:14, March 01, 2014 CET | From | Dundorfische Nationale Volkspartei | To | Debating the Gesetz F-5: Tax proposal of November 3629 |
| Message | The Finance Department has change the tax rates as per the MRP's suggestions. As well the new budget is going to be revealed after the implementing of the tax plan as we can better view our financial situation and what the government can afford Doreen Koenig Reich Minister of Finance |
| Date | 19:19:02, March 01, 2014 CET | From | Monarchistische Reformpartei | To | Debating the Gesetz F-5: Tax proposal of November 3629 |
| Message | Your tax plan also does not give incentives to get a higher salary since you are best of to have earn nearly 40.000 DUM. And earning stay below that amount from there until it hits the salary cap. |
| Date | 19:28:33, March 01, 2014 CET | From | Dundorfische Nationale Volkspartei | To | Debating the Gesetz F-5: Tax proposal of November 3629 |
| Message | However under the old tax plan at most you could make was 2,000 DUM from the obscene tax rate was implemented. This is the beginning of a series of tax reforms designed to revitalize the Dundorf economy. This first step is merely here to begin the process of bringing normalcy back to the economy and actually put money back to into the citizen's pockets. You trusted this Party with the Financial portfolio. Trust us that we know what we're doing with the Reich's coffers. Doreen Koenig Reich Finance Minister |
| Date | 23:34:43, March 01, 2014 CET | From | Dundorfische Nationale Volkspartei | To | Debating the Gesetz F-5: Tax proposal of November 3629 |
| Message | If there is no further debate for this bill we will call this Bill to a vote. Lukas Frueh FP Reichstag Leader |
| Date | 02:08:49, March 02, 2014 CET | From | Dundorfische Nationale Volkspartei | To | Debating the Gesetz F-5: Tax proposal of November 3629 |
| Message | We were under the understanding you were in support of this Bill. What changed the MRP's stance? Doreen Koenig Reich Minister of Finance |
| Date | 03:36:09, March 02, 2014 CET | From | Monarchistische Reformpartei | To | Debating the Gesetz F-5: Tax proposal of November 3629 |
| Message | OOC: I made a table and it looks to ridiculous to support, sorry :S 20000 0,55 9000 40000 0,6 16000 60000 0,75 15000 80000 0,85 12000 100000 0,95 5000 110000 0,95 5500 120000 0,95 6000 130000 0,95 6500 140000 0,95 7000 |
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Voting
| Vote | Seats | ||
| yes | Total Seats: 142 | ||
| no | Total Seats: 57 | ||
| abstain | Total Seats: 0 |
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