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Bill: Income tax proposal of August 2498
Details
Submitted by[?]: Dorvish Popular Front
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: April 2499
Description[?]:
| The modernisation and socialisation of the Dorvish economy must continue unabated! The people have given their mandate towards the nationalisation of the economy, and we must find the funds to proceed as they wish. The start-up costs for the nationalisation program are high, but shall prove worthwhile eventually. Hail 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 |
| > 10,000 DDO | 6% | 16,134,000,000 DDO |
| > 15,000 DDO | 11% | 23,521,000,000 DDO |
| > 20,000 DDO | 16% | 25,172,000,000 DDO |
| > 25,000 DDO | 21% | 21,700,000,000 DDO |
| > 30,000 DDO | 26% | 19,559,000,000 DDO |
| > 35,000 DDO | 31% | 16,092,000,000 DDO |
| > 40,000 DDO | 38% | 15,984,000,000 DDO |
| > 45,000 DDO | 45% | 14,774,000,000 DDO |
| > 50,000 DDO | 54% | 38,912,000,000 DDO |
| > 70,000 DDO | 65% | 6,091,000,000 DDO | Total | 197,939,000,000 DDO |
Debate
These messages have been posted to debate on this bill:
| Date | 01:18:16, December 10, 2007 CET | From | People's Progressive Party | To | Debating the Income tax proposal of August 2498 |
| Message | You're crazy... |
| Date | 02:52:09, December 10, 2007 CET | From | Technocratic Nationalist Party | To | Debating the Income tax proposal of August 2498 |
| Message | What is the point of removing the brackets between 50,000 and 70,000 DDO? The previous tax proposal made by the GDP also had this change. |
| Date | 18:27:56, December 10, 2007 CET | From | Dorvish Popular Front | To | Debating the Income tax proposal of August 2498 |
| Message | That's a good point. We shall propose an ammended version after this proposal. |
| Date | 23:18:54, December 10, 2007 CET | From | Noordelijk Bevrijding Front | To | Debating the Income tax proposal of August 2498 |
| Message | Hail Dorvik! |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 284 | ||||
| no | Total Seats: 190 | ||||
| abstain | Total Seats: 25 |
| Random fact: Moderation will not implement nation renaming requests where the proposed name does not comply with the requirements set out in the Nation Renaming Guide: http://forum.particracy.net/viewtopic.php?f=11&t=6364 |
| Random quote: "There is a mandate to impose a voluntary return to traditional values." - Ronald Reagan |