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Bill: Income tax proposal of October 2382
Details
Submitted by[?]: Union of Public Employees
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: June 2383
Description[?]:
| The Union of Public Employees propose to adjust the government's income tax policy to better address the economic situation of the Free Republic of Dorvik. |
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 |
| > 3,000 DDO | 1% | 4,018,000,000 DDO |
| > 10,000 DDO | 5% | 13,475,000,000 DDO |
| > 15,000 DDO | 7% | 15,000,000,000 DDO |
| > 20,000 DDO | 11% | 14,370,000,000 DDO |
| > 24,000 DDO | 17% | 16,174,000,000 DDO |
| > 28,000 DDO | 23% | 12,099,000,000 DDO |
| > 31,000 DDO | 25% | 14,622,000,000 DDO |
| > 35,000 DDO | 27% | 14,058,000,000 DDO |
| > 40,000 DDO | 31% | 13,084,000,000 DDO |
| > 45,000 DDO | 36% | 11,861,000,000 DDO |
| > 50,000 DDO | 40% | 21,961,000,000 DDO |
| > 62,500 DDO | 45% | 10,172,000,000 DDO |
| > 75,000 DDO | 66% | 2,726,000,000 DDO |
| > 82,000 DDO | 99% | 107,000,000 DDO | Total | 163,727,000,000 DDO |
Debate
These messages have been posted to debate on this bill:
| Date | 20:54:16, April 01, 2007 CET | From | Union of Public Employees | To | Debating the Income tax proposal of October 2382 |
| Message | What comes out must come from somewhere. Clearly other parties doesn't understand the law of monetary conservation. |
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Voting
| Vote | Seats | ||||
| yes | Total Seats: 21 | ||||
| no |
Total Seats: 184 | ||||
| abstain | Total Seats: 94 |
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| Random quote: "Real politics is the possession and distribution of power." - Benjamin Disraeli |