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Bill: Income tax proposal of October 3884
Details
Submitted by[?]: Justice and Reform 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: June 3885
Description[?]:
| The Democratic Party of Davostan propose to adjust the government's income tax policy to better address the economic situation of the Federal Republic of Davostan. |
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 |
| > 40,000 DAV | 24% | 266,738,000,000 DAV |
| > 60,000 DAV | 30% | 984,429,000,000 DAV |
| > 120,000 DAV | 35% | 1,961,705,000,000 DAV |
| > 350,000 DAV | 45% | 938,738,000,000 DAV | Total | 4,151,610,000,000 DAV |
Debate
These messages have been posted to debate on this bill:
| Date | 00:45:14, August 01, 2015 CET | From |  Capitalist-Hawk Party | To | Debating the Income tax proposal of October 3884 |
| Message | This would leave us with a 1 trillion DAV deficit as well, we can not support this. |
| Date | 01:01:00, August 01, 2015 CET | From | Davostan Monarchist Party | To | Debating the Income tax proposal of October 3884 |
| Message | No it wouldn't. This would decrease the surplus by a few billion, we have a 20 billion surplus. But anyway, you should back our tax bill instead. It lowers the tax by far more most of the population and only increases it for the very few richest. |
| Date | 01:01:53, August 01, 2015 CET | From | Davostan Monarchist Party | To | Debating the Income tax proposal of October 3884 |
| Message | Also our tax bill wouldn't decrease the surplus by as much. |
| Date | 01:26:06, August 01, 2015 CET | From | Davostan Monarchist Party | To | Debating the Income tax proposal of October 3884 |
| Message | Voting yes. |
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Voting
| Vote | Seats | |||||
| yes |
Total Seats: 253 | |||||
| no |
Total Seats: 114 | |||||
| abstain | Total Seats: 131 |
| Random fact: The players in a nation have a collective responsibility to prevent confusion by ensuring unofficial or outdated bills labelled as "Cultural Protocols" are removed from their nation page. |
| Random quote: "They should rule who are able to rule best." - Aristotle |