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Bill: Income tax proposal of June 3931
Details
Submitted by[?]: Chauvinistisk Parti för Telamons (CPT)
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: February 3932
Description[?]:
| This tax plan adjusts our tax code ever so slightly to give our surplus back to the people, particular the working class. We have cut the lowest tax bracket, and we have risen the upper tax bracket. This tax cut is necessary for our country. |
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 TPD | 14% | 22,935,000,000 TPD |
| > 3,000 TPD | 20% | 9,726,000,000 TPD |
| > 4,000 TPD | 25% | 16,799,000,000 TPD |
| > 6,000 TPD | 34% | 11,375,000,000 TPD |
| > 8,000 TPD | 39% | 20,607,000,000 TPD | Total | 81,442,000,000 TPD |
Debate
These messages have been posted to debate on this bill:
| Date | 05:29:00, November 02, 2015 CET | From | Liberalerna | To | Debating the Income tax proposal of June 3931 |
| Message | Would this bill not leave us with a very slight deficit? Olivia Blix LibDem Leader |
| Date | 05:35:59, November 02, 2015 CET | From | Chauvinistisk Parti för Telamons (CPT) | To | Debating the Income tax proposal of June 3931 |
| Message | It would not. It cuts our total revenue by about 600,000,000, and we have a 680,000,000 surplus. You are forgetting to account for corporate taxes and sales taxes when doing your calculation, Olivia. Robin Engman, Vice President |
| Date | 05:50:08, November 02, 2015 CET | From | Liberalerna | To | Debating the Income tax proposal of June 3931 |
| Message | I was including those taxes. You are correct there would be no deficit as it stands, but it is still barely a surplus and barely any cushion for if something bad did happen. Olivia Blix Lib Dem Leader |
| Date | 05:52:10, November 02, 2015 CET | From | Chauvinistisk Parti för Telamons (CPT) | To | Debating the Income tax proposal of June 3931 |
| Message | The surplus we have right now is enough to pay the salaries of approximately 100,000 working class individuals. It is too high, and we need to fix that. We will return that money to the citizens by cutting taxes. |
| Date | 18:07:59, November 02, 2015 CET | From | Socialdemokratiska Partiet (SDP) | To | Debating the Income tax proposal of June 3931 |
| Message | The tax on the poorest is still too high, and the rich are not contributing enough. It is a move in the right direction though. Anders Englehardt SDP |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 109 | ||||
| no |
Total Seats: 70 | ||||
| abstain | Total Seats: 0 |
| Random fact: Dorvik is a nation based on Germanic and old Prussian cultures, it is located on the far north of Artania, making it an almost arctic nation. |
| Random quote: "In our age, there is no such thing as 'keeping out of politics.' All issues are political issues, and politics itself is a mass of lies, evasions, folly, hatred and schizophrenia." - George Orwell |