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Bill: Income tax proposal of June 4477
Details
Submitted by[?]: Dundorfnationale Volkspartei
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: February 4478
Description[?]:
| The Konfessionelle Historische Union propose to adjust the government's income tax policy to better address the economic situation of the Dundorfische Demokratische Republik (DDR). This is a simplified income tax code, removing all tax on income below 10000, and reducing the number of brackets to 5 from 40 (see here http://classic.particracy.net/viewbill.php?billid=583934). |
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 |
| > 10,000 DUM | 10% | 58,141,000,000 DUM |
| > 20,000 DUM | 20% | 175,984,000,000 DUM |
| > 40,000 DUM | 40% | 170,120,000,000 DUM |
| > 60,000 DUM | 60% | 136,670,000,000 DUM |
| > 80,000 DUM | 80% | 164,865,000,000 DUM | Total | 705,780,000,000 DUM |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||
| yes | Total Seats: 568 | ||
| no | Total Seats: 0 | ||
| abstain | Total Seats: 0 |
| Random fact: Cabinet ministers who disagree seriously with the head of government would usually be expected to resign. Parties within the cabinet may attempt to manoeuvre to replace the head of government though, for example by proposing a new cabinet bill or voting for an early election. |
| Random quote: "It's not enough that we do our best; sometimes we have to do what's required." - Winston Churchill |