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Bill: Progressive Taxation Bill
Details
Submitted by[?]: Socialists and Democrats
Status[?]: passed
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: September 4511
Description[?]:
The Socialists and Democrats propose to adjust the government's income tax policy to better address the economic situation of the Dolgava Tautas brīvvalsts (Dolgavian People's Republic of Freedom). |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 35
Current: 20
Proposed: 38
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 45
Current: 5
Proposed: 46
Article 3
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 |
> 90,000 DLD | 26% | 517,571,000,000 DLD |
> 125,000 DLD | 28% | 511,058,000,000 DLD |
> 160,000 DLD | 32% | 1,011,464,000,000 DLD |
> 240,000 DLD | 34% | 691,421,000,000 DLD |
> 320,000 DLD | 36% | 562,059,000,000 DLD |
> 420,000 DLD | 38% | 248,112,000,000 DLD |
> 520,000 DLD | 42% | 135,619,000,000 DLD |
> 600,000 DLD | 46% | 105,839,000,000 DLD |
> 680,000 DLD | 48% | 72,833,000,000 DLD |
> 750,000 DLD | 52% | 37,286,000,000 DLD |
> 800,000 DLD | 56% | 51,270,000,000 DLD | Total | 3,944,532,000,000 DLD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | ||
yes |
Total Seats: 500 | ||
no | Total Seats: 0 | ||
abstain | Total Seats: 0 |
Random fact: When it comes to creating a Cultural Protocol in a Culturally Open nation, players are not necessarily required to provide a plausible backstory for how the nation's cultural background developed. However, the provision of a plausible backstory may be a factor in whether Moderation approves the Cultural Protocol if players in surrounding nations question its appropriateness for their region of the game map. |
Random quote: "For among other evils caused by being disarmed, it renders you contemptible; which is one of those disgraceful things which a prince must guard against." - Niccolo Machiavelli |