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Bill: Income tax proposal of November 4319
Details
Submitted by[?]: Vorona Democratic Party
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: July 4320
Description[?]:
| The Vorona Democratic Party propose to adjust the government's income tax policy to better address the economic situation of the Republic of Vorona. |
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 DNT | 5% | 0 DNT |
| > 10,000 DNT | 15% | 0 DNT |
| > 50,000 DNT | 20% | 0 DNT |
| > 100,000 DNT | 30% | 0 DNT |
| > 150,000 DNT | 35% | 0 DNT |
| > 200,000 DNT | 42% | 0 DNT |
| > 250,000 DNT | 46% | 0 DNT |
| > 1,000,000 DNT | 50% | 0 DNT |
| > 10,000,000 DNT | 60% | 0 DNT | Total | 0 DNT |
Debate
These messages have been posted to debate on this bill:
| Date | 22:16:11, December 18, 2017 CET | From | Voronan Group of Progressives | To | Debating the Income tax proposal of November 4319 |
| Message | VGP finds the tax plan acceptable. |
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Voting
| Vote | Seats | |||||
| yes | Total Seats: 357 | |||||
| no | Total Seats: 143 | |||||
| abstain |
Total Seats: 0 |
| Random fact: Culturally Open nations can adopt advisory/non-enforceable Nation Descriptions. See http://forum.particracy.net/viewtopic.php?f=5&t=6242 |
| Random quote: "The basis of a democratic state is liberty." - Aristotle |