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Bill: Revised Tax and Appropriations Bill, 3913
Details
Submitted by[?]: Borgerlig-Demokratiske Union
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: April 3914
Description[?]:
Mr Speaker, this bill presents a compromise solution between the governing parties and Folkepartiet aimed at passing a revised tax bill. We have made sure that we do not deviate from the overall goal of lowering the tax burden, but have included a few adjustments that reflect our decision that a tax relief for the middle class, as was planned to occur at a later stage of our reforms anyway, will be preponed. In addition, we have managed to include a school funding clause that represents the joint ambition of this administration as well as Folkepariet to promote school choice and educational diversity. I thus ask the Storting for its approval. Leya Nordahl (FV) Minister of Finance |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 40
Current: 25
Proposed: 35
Article 2
Proposal[?] to change Government funding for private schools.
Old value:: Private educational institutions receive no government funding whatsoever.
Current: Private educational institutions receive no government funding whatsoever.
Proposed: Government funding for private schools applies only to charter and religious schools.
Article 3
Proposal[?] to change Sales tax on luxury goods.
Old value:: 50
Current: 20
Proposed: 45
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 |
> 12,500 KKR | 20% | 69,998,000,000 KKR |
> 20,000 KKR | 35% | 74,020,000,000 KKR |
> 27,500 KKR | 45% | 67,849,000,000 KKR |
> 35,000 KKR | 62% | 226,701,000,000 KKR | Total | 438,568,000,000 KKR |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |||||
yes |
Total Seats: 90 | |||||
no |
Total Seats: 49 | |||||
abstain | Total Seats: 0 |
Random fact: Players consent to the reasonable and predictable consequences of the role-play they consent to. For example, players who role-play their characters as committing criminal offences should expect those characters to experience the predictable judicial consequences of that. |
Random quote: "Isn't it about time that the US government stop supporting dictatorships and avaricious oligarchies with our tax monies, munitions, and diplomacy?" - Ralph Nader |