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Bill: The 4595 Budget (Taxation)
Details
Submitted by[?]: Green 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: August 4595
Description[?]:
| The Green Party propose to adjust the government's income tax policy to better address the economic situation of the Cynewīse Fāronlandes (Deltaria Nova). |
Proposals
Article 1
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 4
Current: 5
Proposed: 0
Article 2
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 35
Current: 45
Proposed: 30
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 |
| > 9,000 DNT | 7% | 0 DNT |
| > 38,000 DNT | 16% | 0 DNT |
| > 64,000 DNT | 22% | 0 DNT |
| > 90,000 DNT | 30% | 0 DNT |
| > 150,000 DNT | 35% | 0 DNT |
| > 250,000 DNT | 40% | 0 DNT |
| > 500,000 DNT | 49% | 0 DNT | Total | 0 DNT |
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes |
Total Seats: 228 | |
| no | Total Seats: 0 | |
| abstain |
Total Seats: 162 |
| Random fact: Any RP law granting extraordinary "emergency powers" or dictator-like powers to a government must be passed by at least a 2/3rds majority, but (like all RP laws) may always be overturned by a simple majority vote of the legislature. |
| Random quote: "A good politician is quite as unthinkable as an honest burglar." H. L. Mencken |