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Bill: New Progressive tax Reform
Details
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: January 3954
Description[?]:
| The Utopia propose to adjust the government's income tax policy to better address the economic situation of the Gemenebest van Narikaton en Darnussia/Gemeinwesen auf Narikaton und Darnussia. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 8
Current: 0
Proposed: 5
Article 2
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 30
Current: 10
Proposed: 10
Article 3
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 |
| > 10,000 DAR | 5% | 27,459,000,000 DAR |
| > 20,000 DAR | 10% | 60,265,000,000 DAR |
| > 35,000 DAR | 15% | 51,463,000,000 DAR |
| > 50,000 DAR | 20% | 58,671,000,000 DAR |
| > 80,000 DAR | 25% | 22,661,000,000 DAR | Total | 220,519,000,000 DAR |
Debate
These messages have been posted to debate on this bill:
| Date | 14:11:40, December 16, 2015 CET | From | Utopia | To | Debating the New Progressive tax Reform |
| Message | This new tax system is more fair, because it wont take as much money from the poorest, plus people will have to pay lower taxes. The Sales tax was a bit too high. |
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Voting
| Vote | Seats | |
| yes |
Total Seats: 401 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
| Random fact: Real life-life nationalities, cultures or ethnicities should not be referenced in Particracy (eg. "German"). |
| Random quote: "It does me no injury for my neighbor to say there are twenty gods or no god. It neither picks my pocket nor breaks my leg." - Thomas Jefferson |