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Bill: Income tax proposal of February 3777
Details
Submitted by[?]: Vorona Conservative Party
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: November 3777
Description[?]:
| The Vorona Conservative Party propose to adjust the government's income tax policy to better address the economic situation of the Republic of Vorona. |
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 |
| > 20,000 DNT | 8% | 0 DNT |
| > 50,000 DNT | 9% | 0 DNT |
| > 100,000 DNT | 10% | 0 DNT |
| > 200,000 DNT | 11% | 0 DNT |
| > 500,000 DNT | 12% | 0 DNT | Total | 0 DNT |
Debate
These messages have been posted to debate on this bill:
| Date | 23:33:03, December 22, 2014 CET | From | Vorona Independent Conservative Party | To | Debating the Income tax proposal of February 3777 |
| Message | Mr.Speaker, This bill is outrageous no one in this country makes over 200,000 DNT, remove the 200,000 DNT and 500,000 we will of course vote for the bill Marvin Wells Minority Leader |
| Date | 01:50:37, December 23, 2014 CET | From | Vorona Conservative Party | To | Debating the Income tax proposal of February 3777 |
| Message | Mr. Speaker, People do indeed make over 200,000 DNT in this nation. Mostly, these are business owners and CEOs and other rich people who do indeed make lots of money. Many top doctors also make this amount of money. It does not matter whether somebody makes the amount or not. Whenever there happens to be a person who makes that much, they will simply pay 12% of their income to taxes. It's quite simple, really. Also, the Congressman should note that those at the very bottom are now paying less than what they used to. Rep. Jude Thorley (C) Minister of Finance |
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Voting
| Vote | Seats | |
| yes | Total Seats: 82 | |
| no | Total Seats: 43 | |
| abstain | Total Seats: 0 |
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