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Bill: Income tax proposal of July 4566
Details
Submitted by[?]: Democratic Party
Status[?]: defeated
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: March 4567
Description[?]:
| The Caebromell19 Party propose to adjust the government's income tax policy to better address the economic situation of the Metzistische Republik Dundorf (Metzist Republic of Dundorf). |
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 |
| > 5,000 DUM | 5% | 29,132,000,000 DUM |
| > 15,000 DUM | 10% | 100,935,000,000 DUM |
| > 35,000 DUM | 15% | 76,809,000,000 DUM |
| > 55,000 DUM | 20% | 52,280,000,000 DUM |
| > 75,000 DUM | 25% | 36,209,000,000 DUM |
| > 95,000 DUM | 30% | 18,760,000,000 DUM |
| > 110,000 DUM | 35% | 11,989,000,000 DUM |
| > 130,000 DUM | 40% | 3,797,000,000 DUM | Total | 329,911,000,000 DUM |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |
| yes |
Total Seats: 0 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
| Random fact: Party candidates for head of state elections are not visible to the public. This means that you cannot see who will run and who will not, which adds another strategic element to the elections. |
| Random quote: "I reject the cynical view that politics is a dirty business." - Richard M. Nixon |