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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: 2
Proposed: 0
Article 2
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 35
Current: 65
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 |
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