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Bill: Income tax proposal of September 4218
Details
Submitted by[?]: Konservative Unionistische Partei
Status[?]: passed
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: May 4219
Description[?]:
| The Konservative Partei propose to adjust the government's income tax policy to better address the economic situation of the Bundesrepublik Narikaton und Darnussia. This taxation proposal decreases income tax for every employee earning over 5000 Rupans per year, this ensures those who work hard and provide for their families are rewarded through tax breaks and tax reliefs. For too long, governments have made attempts to make life more difficult for lower and income earners; this proposal will change this. Arnold Höger Finance Spokesman |
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 |
| > 5,000 DAR | 5% | 14,434,000,000 DAR |
| > 10,000 DAR | 10% | 28,867,000,000 DAR |
| > 15,000 DAR | 15% | 39,131,000,000 DAR |
| > 20,000 DAR | 20% | 47,012,000,000 DAR |
| > 25,000 DAR | 25% | 49,528,000,000 DAR |
| > 30,000 DAR | 30% | 50,956,000,000 DAR |
| > 35,000 DAR | 35% | 50,411,000,000 DAR |
| > 40,000 DAR | 40% | 44,200,000,000 DAR |
| > 45,000 DAR | 45% | 39,942,000,000 DAR |
| > 50,000 DAR | 50% | 35,316,000,000 DAR |
| > 55,000 DAR | 55% | 172,456,000,000 DAR | Total | 572,253,000,000 DAR |
Debate
These messages have been posted to debate on this bill:
| Date | 16:29:32, May 30, 2017 CET | From | Volkskommunistische Partei | To | Debating the Income tax proposal of September 4218 |
| Message | Ironic is it not that this conservative government claims to care for the poor? Is it not indeed ironic that the KP claim to support sensible spending yet actively seek to create a budget deficit? Volker Wittke VP Leader |
| Date | 18:55:03, May 30, 2017 CET | From | Sozialdemokratische Partei (SDP) | To | Debating the Income tax proposal of September 4218 |
| Message | We support tax reform, we hope that upon passing this bill we can come together for a luxury tax increase to deal with the deficit. We also would prefer to have a further top tax bracket of 60% on incomes over 60,000 DAR. Angela Schmidt SDP Leader |
| Date | 21:43:18, May 30, 2017 CET | From | Volkskommunistische Partei | To | Debating the Income tax proposal of September 4218 |
| Message | We clearly now need more tax reform to balance out this deficit. However this cannot come in an increase on luxury goods which will damage the consumer. Rather we should increase corporation tax and tax on the rich. We beg of the SDP not to support an increase of luxury tax. Volker Wittke VP Leader |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 309 | ||||
| no | Total Seats: 71 | ||||
| abstain | Total Seats: 120 |
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