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Bill: Income tax proposal of March 4203
Details
Submitted by[?]: Volkskommunistische Partei
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: November 4203
Description[?]:
| The Volkskommunistische Partei propose to adjust the government's income tax policy to better address the economic situation of the Narikatonisches Reich. This gives us roughly the same amount in tax revenue as before, while also greatly reducing taxes for the poor. It is our alternative to the KPs tax system. Lennard Geschke Leader of the Volkskommunistische Partei (People's Communist Party) Member of the Reichstag |
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 |
| > 22,000 DAR | 22% | 10,536,000,000 DAR |
| > 23,000 DAR | 23% | 10,621,000,000 DAR |
| > 24,000 DAR | 24% | 10,617,000,000 DAR |
| > 25,000 DAR | 25% | 10,635,000,000 DAR |
| > 26,000 DAR | 30% | 46,649,000,000 DAR |
| > 30,000 DAR | 40% | 125,503,000,000 DAR |
| > 40,000 DAR | 50% | 211,775,000,000 DAR |
| > 70,000 DAR | 60% | 94,632,000,000 DAR |
| > 100,000 DAR | 65% | 1,302,000,000 DAR | Total | 522,270,000,000 DAR |
Debate
These messages have been posted to debate on this bill:
| Date | 17:44:21, April 29, 2017 CET | From | Konservative Unionistische Partei | To | Debating the Income tax proposal of March 4203 |
| Message | What are the go mum it's talking about! It doesn't amount to the same amount as before, this is 521billion not 750billions?! |
| Date | 21:59:51, April 29, 2017 CET | From | Volkskommunistische Partei | To | Debating the Income tax proposal of March 4203 |
| Message | This statement was made wholly in error. I would like to apologise on behalf of the party for this administrative error and would encourage all parties to vote against this bill. Our sincerest apologies. A full investigation will be launched. On my part, I shall be resigning from my role as leader of this party as soon as an alternative can be found. Lennard Geschke Leader of the Volkskommunistische Partei (People's Communist Party) Member of the Reichstag |
| Date | 22:41:25, April 29, 2017 CET | From | Volkskommunistische Partei | To | Debating the Income tax proposal of March 4203 |
| Message | Since being elected the new leader of VP, both Bernstein and Geschke, who created this budget quickly and privately, have been expelled from my shadow cabinet and have announced they will not run in the next election. We hope to move forward and look to the future. Lucie Koch Leader of the Volkskommunistische Partei (People's Communist Party) Member of the Reichstag |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 33 | |||
| no | Total Seats: 218 | |||
| abstain | Total Seats: 148 |
| Random fact: Particracy does not allow real-life brand names (eg. Coca Cola, McDonalds, Microsoft). However, in the case of military equipment brand names it is permitted to use simple number-letter combinations (eg. T-90 and F-22) borrowed from real life, and also simple generic names, like those of animals (eg. Leopard and Jaguar). |
| Random quote: "Democracy is more dangerous than fire. Fire can't vote itself immune to water." - Michael Z. Williamson |