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Bill: Income tax proposal of February 4990
Details
Submitted by[?]: Neue Dundorfische Zentrumspartei✨
Status[?]: passed
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: January 4991
Description[?]:
The Dundorfische Zentrumspartei propose to adjust the government's income tax policy to better address the economic situation of the Dundorfisches Reich (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 |
> 2,000 DUM | 10% | 17,465,000,000 DUM |
> 5,000 DUM | 15% | 43,663,000,000 DUM |
> 10,000 DUM | 20% | 58,217,000,000 DUM |
> 15,000 DUM | 25% | 72,772,000,000 DUM |
> 20,000 DUM | 30% | 82,285,000,000 DUM |
> 25,000 DUM | 35% | 300,342,000,000 DUM |
> 50,000 DUM | 45% | 181,284,000,000 DUM |
> 80,000 DUM | 65% | 46,091,000,000 DUM |
> 90,000 DUM | 70% | 20,343,000,000 DUM |
> 95,000 DUM | 75% | 16,735,000,000 DUM |
> 100,000 DUM | 80% | 67,156,000,000 DUM | Total | 906,353,000,000 DUM |
Debate
These messages have been posted to debate on this bill:
Date | 18:55:17, August 29, 2021 CET | From | Neue Dundorfische Zentrumspartei✨ | To | Debating the Income tax proposal of February 4990 |
Message | Herr Sprecher This income tax bill should be regarded as a meager first step. The Finance Ministry has discovered a huge amount of the total revenue comes from the bottom of the scale. DZP does not believe there are enough actually voting members of the Reichstag to address the confiscatory rates at the top of the scale at this time. What this bill which is revenue neutral does do is raise the lowest level of taxation from 100 DUM to 2000 DUM and reduce the rate in the lowest bracket from 25% to 10%. We believe this is a atart. Finance Minister Bertrand Niedemeier |
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Voting
Vote | Seats | ||
yes | Total Seats: 352 | ||
no | Total Seats: 0 | ||
abstain | Total Seats: 98 |
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