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Bill: Comprehensive Tax Reform and Accelaration Act (CoTRA)
Details
Submitted by[?]: 민주행동 🌱🌷 Democratic Action
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: December 5297
Description[?]:
| The 민주행동 🌱🌷 Democratic Action propose to adjust the government's income tax policy to better address the economic situation of the Republic of Dankuk (Dankuk). |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 8
Current: 22
Proposed: 10
Article 2
Proposal[?] to change Sales tax on luxury goods.
Old value:: 5
Current: 50
Proposed: 12
Article 3
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 0
Current: 0
Proposed: 2
Article 4
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 |
| > 25,000 DRA | 6% | 55,300,000,000 DRA |
| > 45,000 DRA | 12% | 17,974,000,000 DRA |
| > 50,000 DRA | 25% | 126,061,000,000 DRA |
| > 75,000 DRA | 35% | 31,007,000,000 DRA |
| > 82,500 DRA | 50% | 35,447,000,000 DRA |
| > 90,000 DRA | 55% | 50,425,000,000 DRA |
| > 100,000 DRA | 60% | 38,946,000,000 DRA |
| > 110,000 DRA | 62% | 24,384,000,000 DRA |
| > 117,000 DRA | 75% | 50,992,000,000 DRA |
| > 130,000 DRA | 78% | 82,650,000,000 DRA | Total | 513,186,000,000 DRA |
Debate
These messages have been posted to debate on this bill:
| Date | 05:21:07, May 02, 2023 CET | From |  新새누리黨☯︎Zémundo/動民 | To | Debating the Comprehensive Tax Reform and Accelaration Act (CoTRA) |
| Message | We absolutely can and will not tolerate this communistic raising of taxes on the common man's necessities like food and clothing. |
| Date | 02:04:34, May 05, 2023 CET | From | 新새누리黨☯︎Zémundo/動民 | To | Debating the Comprehensive Tax Reform and Accelaration Act (CoTRA) |
| Message | (OOC: Should we vote now?) |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 306 | ||||
| no | Total Seats: 0 | ||||
| abstain |
Total Seats: 80 |
| Random fact: Players who consent to a particular role-play by acknowledging it in their own role-play cannot then disown it or withdraw their consent from it. For example, if player A role-plays the assassination of player B's character, and player B then acknowledges the assassination in a news post, but then backtracks and insists the assassination did not happen, then he will be required under the rules to accept the validity of the assassination role-play. |
| Random quote: "The whole aim of practical politics is to keep the populace alarmed by menacing it with an endless series of hobgoblins, all of them imaginary." - H. L. Mencken |