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Bill: Income tax proposal of June 4036
Details
Submitted by[?]: League of Social Democrats
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: August 4037
Description[?]:
| The League of Social Democrats propose to adjust the government's income tax policy to better address the economic situation of the Fārona Īegland. |
Proposals
Article 1
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 15
Current: 5
Proposed: 10
Article 2
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 DNT | 20% | 0 DNT |
| > 30,000 DNT | 30% | 0 DNT |
| > 40,000 DNT | 40% | 0 DNT |
| > 150,000 DNT | 50% | 0 DNT | Total | 0 DNT |
Debate
These messages have been posted to debate on this bill:
| Date | 16:51:15, May 30, 2016 CET | From | League of Social Democrats | To | Debating the Income tax proposal of June 4036 |
| Message | Our economy is glitched so we have 100% unemployment. Therefore we will have to roll play. |
| Date | 16:55:42, May 30, 2016 CET | From | Liberal Party | To | Debating the Income tax proposal of June 4036 |
| Message | This is a far income tax system that raises revenue, without punishing those in need. |
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Voting
| Vote | Seats | |||||
| yes |
Total Seats: 430 | |||||
| no |
Total Seats: 320 | |||||
| abstain | Total Seats: 0 |
| Random fact: "Treaty-locking", or ratifiying treaties that completely or nearly completely forbid any proposals to change laws, is not allowed. Amongst other possible sanctions, Moderation reserves the discretion to delete treaties and/or subject parties to a seat reset if this is necessary in order to reverse a treaty-lock situation. |
| Random quote: "What is conservatism? Is it not the adherence to the old and tried against the new and untried?" - Abraham Lincoln |