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Bill: Income tax proposal of November 4234
Details
Submitted by[?]: Nacionālistu Sociālā Partija
Status[?]: defeated
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: July 4235
Description[?]:
The Demokrātiskā Sociālistiskā Partija propose to adjust the government's income tax policy to better address the economic situation of the Lielhercogiste Dolgavijas (Dolgavia). |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 20
Current: 20
Proposed: 10
Article 2
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 |
> 15,000 DLD | 15% | 85,396,000,000 DLD |
> 25,000 DLD | 20% | 284,653,000,000 DLD |
> 50,000 DLD | 25% | 711,631,000,000 DLD |
> 100,000 DLD | 30% | 1,497,842,000,000 DLD |
> 200,000 DLD | 30% | 905,281,000,000 DLD |
> 300,000 DLD | 31% | 543,307,000,000 DLD |
> 400,000 DLD | 32% | 252,340,000,000 DLD |
> 500,000 DLD | 33% | 140,746,000,000 DLD |
> 600,000 DLD | 34% | 96,509,000,000 DLD |
> 700,000 DLD | 35% | 59,385,000,000 DLD |
> 800,000 DLD | 35% | 29,179,000,000 DLD |
> 900,000 DLD | 35% | 2,864,000,000 DLD | Total | 4,609,133,000,000 DLD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |
yes | Total Seats: 0 | |
no | Total Seats: 0 | |
abstain | Total Seats: 435 |
Random fact: References to prominent real-life persons are not allowed. This includes references to philosophies featuring the name of a real-life person (eg. "Marxism", "Thatcherism", "Keynesianism"). |
Random quote: "Capitalism is what people do if you leave them alone" - Kenneth Minogue |