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Bill: Income tax proposal of March 4530
Details
Submitted by[?]: People's Socialist 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 not pass any sooner than the deadline.
Voting deadline: November 4530
Description[?]:
| The People's Socialist Party 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:: 38
Current: 20
Proposed: 40
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 48
Current: 5
Proposed: 50
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% | 518,285,000,000 DLD |
| > 125,000 DLD | 28% | 511,791,000,000 DLD |
| > 160,000 DLD | 32% | 1,012,989,000,000 DLD |
| > 240,000 DLD | 34% | 692,288,000,000 DLD |
| > 320,000 DLD | 36% | 562,628,000,000 DLD |
| > 420,000 DLD | 38% | 248,315,000,000 DLD |
| > 520,000 DLD | 42% | 135,730,000,000 DLD |
| > 600,000 DLD | 46% | 105,841,000,000 DLD |
| > 680,000 DLD | 50% | 75,851,000,000 DLD |
| > 750,000 DLD | 54% | 38,682,000,000 DLD |
| > 800,000 DLD | 58% | 53,061,000,000 DLD | Total | 3,955,461,000,000 DLD |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes |
Total Seats: 282 | |
| no | Total Seats: 0 | |
| abstain |
Total Seats: 218 |
| Random fact: In cases where a party has no seat, the default presumption should be that the party is able to contribute to debates in the legislature due to one of its members winning a seat at a by-election. However, players may collectively improvise arrangements of their own to provide a satisfying explanation for how parties with no seats in the legislature can speak and vote there. |
| Random quote: "Only the educated are free." - Epictetus |