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Bill: Income tax proposal of August 4405
Details
Submitted by[?]: Dolgavas patrioti (Dolgava Patriots)
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: April 4406
Description[?]:
| The Dolgavas patrioti (Dolgava Patriots) propose to adjust the government's income tax policy to better address the economic situation of the Republic of Dolgava. Any income below 100,000 will not be taxed Any income between 100,000 - 300,000 will receive a 25% tax rate Any income between 300,000 - 500,000 will receive a 30% tax rate Any income above 500,000 will receive a 40% tax rate The extra income will be redistributed among a spending overhaul budget |
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 |
| > 100,000 DLD | 25% | 2,009,054,000,000 DLD |
| > 300,000 DLD | 30% | 764,955,000,000 DLD |
| > 500,000 DLD | 40% | 389,852,000,000 DLD | Total | 3,163,861,000,000 DLD |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||||
| yes | Total Seats: 80 | ||||
| no | Total Seats: 0 | ||||
| abstain |
Total Seats: 45 |
| Random fact: Players must never be asked for their Particracy password. This includes Moderation; a genuine Moderator will never ask for your password. |
| Random quote: "In politics, madame, you need two things: friends, but above all an enemy." - Brian Mulroney |