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Bill: Budget of April 4211 - Taxes
Details
Submitted by[?]: Partidul Loialist
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: December 4211
Description[?]:
| The Partidul Loialist propose to adjust the government's tax policy to better address the economic situation of the Marele Ducat al Voronei (Grand Duchy of Vorona). |
Proposals
Article 1
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 8
Current: 5
Proposed: 0
Article 2
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 8
Current: 45
Proposed: 10
Article 3
Proposal[?] to change Sales tax on luxury goods.
Old value:: 5
Current: 18
Proposed: 0
Article 4
Proposal[?] to change International trade (this is a default in the absense of a specific free trade agreement or specific trade embargo)
Old value:: The nation imposes reciprocal tariffs on imports, with no tariffs imposed on states which impose no tariffs on our exports.
Current: The nation imposes reciprocal tariffs on imports, with no tariffs imposed on states which impose no tariffs on our exports.
Proposed: The nation allows for imports, but imposes tariffs and quotas in certain areas.
Article 5
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 DNT | 10% | 0 DNT | Total | 0 DNT |
Debate
These messages have been posted to debate on this bill:
| Date | 17:37:34, May 15, 2017 CET | From | Partidul Libertății | To | Debating the Budget of April 4211 - Taxes |
| Message | Increased taxation on corporations will cause corporations to flee our nation. We need to facilitate growth by lowering these taxes, not raising them. For this reason, Partidul Libertății votes no. |
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Voting
| Vote | Seats | ||
| yes |
Total Seats: 100 | ||
| no |
Total Seats: 0 | ||
| abstain | Total Seats: 0 |
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