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Bill: Income tax proposal of November 4209
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: July 4210
Description[?]:
| We wish to tax the ultra-rich in an effort to reduce our defecit. |
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 |
| > 1,000 DAR | 1% | 576,000,000 DAR |
| > 2,000 DAR | 2% | 1,153,000,000 DAR |
| > 3,000 DAR | 3% | 1,729,000,000 DAR |
| > 4,000 DAR | 4% | 2,306,000,000 DAR |
| > 5,000 DAR | 5% | 2,882,000,000 DAR |
| > 6,000 DAR | 6% | 3,459,000,000 DAR |
| > 7,000 DAR | 7% | 4,035,000,000 DAR |
| > 8,000 DAR | 8% | 4,612,000,000 DAR |
| > 9,000 DAR | 9% | 5,188,000,000 DAR |
| > 10,000 DAR | 10% | 5,765,000,000 DAR |
| > 11,000 DAR | 11% | 6,341,000,000 DAR |
| > 12,000 DAR | 12% | 6,918,000,000 DAR |
| > 13,000 DAR | 13% | 7,494,000,000 DAR |
| > 14,000 DAR | 14% | 8,071,000,000 DAR |
| > 15,000 DAR | 15% | 8,514,000,000 DAR |
| > 16,000 DAR | 16% | 8,469,000,000 DAR |
| > 17,000 DAR | 17% | 8,712,000,000 DAR |
| > 18,000 DAR | 18% | 9,075,000,000 DAR |
| > 19,000 DAR | 19% | 9,336,000,000 DAR |
| > 20,000 DAR | 20% | 9,685,000,000 DAR |
| > 21,000 DAR | 21% | 10,107,000,000 DAR |
| > 22,000 DAR | 22% | 10,526,000,000 DAR |
| > 23,000 DAR | 23% | 10,610,000,000 DAR |
| > 24,000 DAR | 24% | 10,607,000,000 DAR |
| > 25,000 DAR | 25% | 10,624,000,000 DAR |
| > 26,000 DAR | 26% | 10,475,000,000 DAR |
| > 27,000 DAR | 27% | 10,589,000,000 DAR |
| > 28,000 DAR | 28% | 10,849,000,000 DAR |
| > 29,000 DAR | 29% | 10,748,000,000 DAR |
| > 30,000 DAR | 30% | 10,880,000,000 DAR |
| > 31,000 DAR | 31% | 10,820,000,000 DAR |
| > 32,000 DAR | 32% | 10,600,000,000 DAR |
| > 33,000 DAR | 33% | 10,843,000,000 DAR |
| > 34,000 DAR | 34% | 11,032,000,000 DAR |
| > 35,000 DAR | 35% | 11,097,000,000 DAR |
| > 36,000 DAR | 36% | 11,138,000,000 DAR |
| > 37,000 DAR | 37% | 10,699,000,000 DAR |
| > 38,000 DAR | 38% | 10,157,000,000 DAR |
| > 39,000 DAR | 39% | 9,950,000,000 DAR |
| > 40,000 DAR | 40% | 9,641,000,000 DAR |
| > 41,000 DAR | 41% | 9,442,000,000 DAR |
| > 42,000 DAR | 42% | 9,144,000,000 DAR |
| > 43,000 DAR | 43% | 9,165,000,000 DAR |
| > 44,000 DAR | 44% | 8,847,000,000 DAR |
| > 45,000 DAR | 45% | 8,453,000,000 DAR |
| > 46,000 DAR | 46% | 8,466,000,000 DAR |
| > 47,000 DAR | 47% | 8,529,000,000 DAR |
| > 48,000 DAR | 48% | 8,281,000,000 DAR |
| > 49,000 DAR | 49% | 7,846,000,000 DAR |
| > 50,000 DAR | 50% | 111,958,000,000 DAR |
| > 70,000 DAR | 60% | 94,485,000,000 DAR |
| > 100,000 DAR | 65% | 1,302,000,000 DAR | Total | 612,230,000,000 DAR |
Debate
These messages have been posted to debate on this bill:
| Date | 18:43:20, May 12, 2017 CET | From | Konservative Unionistische Partei | To | Debating the Income tax proposal of November 4209 |
| Message | We respect the Communists attempts to raise greater income for our nation, but do not believe this is the right way to go about it. Kevin Börner (MR) Konservative Partei Finance Spokesman |
| Date | 20:20:11, May 12, 2017 CET | From | Volkskommunistische Partei | To | Debating the Income tax proposal of November 4209 |
| Message | We understand, though we do feel greater taxes for the wealthy is necessary. What would you agree to? Perhaps we should discuss this privately? Volker Wittke VP Leader |
| Date | 21:47:04, May 12, 2017 CET | From | Liberaldemokraten | To | Debating the Income tax proposal of November 4209 |
| Message | We would rather it cut off at 45/50 percent. But we'll support it in a temporary attempt to solve the deficit. Denis Herkenhoff Finance Minister |
| Date | 22:17:00, May 12, 2017 CET | From | Volkskommunistische Partei | To | Debating the Income tax proposal of November 4209 |
| Message | We would be happy to negotiate with the KP as to a reasonable solution, though we still believe raising taxes for the wealthy is the only way forward. Volker Wittke VP Leader |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 225 | ||||
| no |
Total Seats: 275 | ||||
| abstain | Total Seats: 0 |
| Random fact: Once approved, players should copy Cultural Protocols into a bill in the debate section of their nation page, under the title of "OOC: Cultural Protocols". This bill should include links to the passed Cultural Protocol bill and the Moderation approval. |
| Random quote: "The United States is in no sense founded upon the Christian doctrine." - George Washington |