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Bill: Income tax proposal of July 3914
Details
Submitted by[?]: Liberal Party of Davostan
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: March 3916
Description[?]:
| The Davostan Nationalist Front propose to adjust the government's income tax policy to better address the economic situation of the Federal Republic of Davostan. Changes: Flat rate tax is lowered to 5% Finances: Old: Income: 2,310,361,769,310 DAV Expenses: 1,752,000,000,000 DAV Total: 558'361'769'310 DAV New: Income: 1'784'666'176'062 DAV Expenses: 1,752,000,000,000 DAV Total: 32'666'176'062 DAV |
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 |
| > 100,000 DAV | 5% | 438,355,000,000 DAV | Total | 438,355,000,000 DAV |
Debate
These messages have been posted to debate on this bill:
| Date | 11:31:49, September 29, 2015 CET | From |  United Democratic Action Party | To | Debating the Income tax proposal of July 3914 |
| Message | We want the sales tax and tax percentage of the profit made by corporations to be high. |
| Date | 11:36:59, September 29, 2015 CET | From | Liberal Party of Davostan | To | Debating the Income tax proposal of July 3914 |
| Message | We'd love to increase taxes, but we don't know how this'll affect the finances yet. Once this is passed, we'll propose another treaty increasing Corporation taxes to see how much it'll affect the books (we'll then reverse it if the result is not what we want.) |
| Date | 02:31:16, October 01, 2015 CET | From | Common Sense Conservative Party | To | Debating the Income tax proposal of July 3914 |
| Message | Support this but we would oppose any tax increases |
| Date | 09:10:52, October 02, 2015 CET | From | Co-Operative Party | To | Debating the Income tax proposal of July 3914 |
| Message | Support to reduce tax burden but we support a progressive tax system rather than a flat rate. |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 324 | ||||
| no |
Total Seats: 135 | ||||
| abstain | Total Seats: 41 |
| Random fact: All role-play must respect the established cultural background in Culturally Protected nations. |
| Random quote: "The moral justification of capitalism does not lie in the altruist claim that it represents the best way to achieve 'the common good.' It is true that capitalism does, if that catch-phrase has any meaning, but this is merely a secondary consequence. The moral justification for capitalism lies in the fact that it is the only system consonant with man's rational nature, that it protects man's survival qua man, and that its ruling principle is justice." - Ayn Rand |