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Bill: Opposition Proposed Income tax proposal of April 4134
Details
Submitted by[?]: Duntrekker Nasionale Party
Status[?]: defeated
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: December 4134
Description[?]:
| The Duntrekker Nasionale Party propose to adjust the government's income tax policy to better address the economic situation of the Republiek van Seridjan (Republic of Saridan). We believe that that the DNP are the only economically literate and credible party in Saridan. Currently (April 4134) the government of Saridan raises almost 301.9 Billion in revenue and spends 253.5 Billion, leaving a surplus of 48.3 Billion, psb; http://classic.particracy.net/budget.php?nationid=25 We propose a modest tax cut to remove the 1% tax band on incomes between 1,000-10,000 SAD. This will lead to just under 5.1 Billion less being collected by the government but we still leave us with a surplus (even after the Alt-Right spending changes pass). |
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 |
| > 10,000 SAD | 11% | 29,783,000,000 SAD |
| > 15,000 SAD | 13% | 69,158,000,000 SAD |
| > 30,000 SAD | 24% | 65,689,000,000 SAD |
| > 50,000 SAD | 24% | 20,215,000,000 SAD |
| > 75,000 SAD | 29% | 1,648,000,000 SAD |
| > 80,000 SAD | 37% | 1,451,000,000 SAD | Total | 187,944,000,000 SAD |
Debate
These messages have been posted to debate on this bill:
| Date | 12:52:00, December 12, 2016 CET | From |  Duntrekker Nasionale Party | To | Debating the Opposition Proposed Income tax proposal of April 4134 |
| Message | Unlike this Bill http://classic.particracy.net/viewbill.php?billid=495875 the DNP proposal here has been thought through and actually make sense. |
| Date | 00:00:18, December 13, 2016 CET | From | Duntrekker Nasionale Party | To | Debating the Opposition Proposed Income tax proposal of April 4134 |
| Message | Alt-Right this is what a (small) tax cut actually looks like. See how it doesn't involve income tax revenues increasing by 109 billion. |
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Voting
| Vote | Seats | ||
| yes | Total Seats: 84 | ||
| no |
Total Seats: 23 | ||
| abstain |
Total Seats: 68 |
| Random fact: Moderation reserves the discretion to declare RP laws invalid if the players supporting them are doing so in an excessively confrontational way. |
| Random quote: "I don't believe you need to be bitch to succeed in business" - Lucinda Redwood, former Luthorian-Dorvish businesswoman |